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Owned by Cameron
This community helps real estate investors achieve financial freedom ASAP with just one deal even if you have 0 experience or $0 to invest 📕.
33 contributions to The Real Estate Academy
5d •
Needed an advice
Does anyone owns their real estate website here, I was advised to have one soon?
0 likes • 12h
@Taylor Richard I'd back what April said, start with the purpose. If you're mostly getting leads from Instagram/YouTube, a one-page site with who you are, the area you work, and a simple contact form is plenty to start. It mainly works as a trust check: when a seller or an agent googles you, they find something real. Skip the fancy stuff until the leads justify it.
6d •
LEARNING REAL ESTATE IS ONE THING… FINDING YOUR FIRST REAL DEAL IS ANOTHER
I’m still pretty early in learning the game, and I’ve noticed I can understand the numbers and the general process, but when I actually look at a property, I still find myself wondering, “Would I even know if this was a good deal?” That part feels like it only gets easier when you start seeing enough real examples. Where are you guys at right now, still learning the basics, hunting for your first deal, or already looking at properties and trying to get better at spotting the good ones? What’s been the biggest sticking point for you?
1 like • 2d
Good question, and honestly everybody feels this at the start. What helped me most was picking one simple screen and running it on every listing, same way each time. For a rental: take the rent you could realistically get, knock off about 40-50% for taxes, insurance, vacancy, repairs and management, then see if what's left covers the mortgage with some cushion. If it doesn't, move on in 2 minutes. After you do that on 30-40 listings you start smelling a good one fast, because you know what normal looks like in your market. The second part is pulling real rent comps instead of trusting the listing's number. That one step kills most of the bad deals on its own.
1 like • 16d
Happy to help, Joshua — multifamily is where I spend most of my time. The order I underwrite in: (1) verify the actual income from a real rent roll and the T-12, not the seller's pro forma; (2) rebuild the expenses from scratch instead of trusting their number — taxes usually reassess on the sale price, and insurance and payroll are the line items people lowball; (3) get to a true NOI, then stress-test it: what does your DSCR look like if occupancy drops 10% or rates move against you? If the deal only pencils on the seller's assumptions, that's usually your answer. Drop the unit count, asking price, current vs. market rents, and the T-12 if you have it and I'll walk through it with you.
Sep 1 •
If you're selling your investment property you need to hear this.
If you're selling a flip you cannot rely on just the timing of the market. I'm seeing more investors sweat as their properties stay on market 30, 45, 60 days without a serious buyer. And, unfortunately, selling the home was their only goal and consideration. But how many months can you list a property until you run out of funds? Every investor should know that number and have a backup plan in case you hit it. A.K.A Refinancing There are too many dreamers out there who think optimism means their plan will work no matter what. But that's delusion. And YOU are not delusional. So back to the numbers you should know. When underwriting a flip we have the typical numbers in mind: purchase price, rehab costs, ARV, holding costs. What you are going to do differently is run numbers for the refinance, the plan B. That looks like: the highest loan to value you can get, the interest rate, the prepayment penalty, the fees & closing costs. Run those numbers BEFORE you list. Not after day 45 when you're starting to panic. Because here's the truth: A refinance you plan for is a strategy. A refinance you scramble for is a rescue mission. And rescue missions cost you more — in rate, in fees, in sleep. So before you put the sign in the yard, know your numbers on both sides: → What you need to walk away with as a sale → What you need to walk away with as a refi If those two numbers are close, you're not gambling anymore. That's the difference between an investor and a dreamer. Between those that hope the market cooperates and those that build a plan that works whether it does or not. So — have you run your refi numbers on your current flip? Or are you still hoping it sells before you have to? Drop a ‘NUMBER’ in the comments if you want to go over HOW to calculate a refinance. I may just do a webinar on it. 😉
0 likes • 24d
NUMBER. This is the right framing, Jada. The way I run the plan B before I even close on the purchase: take the ARV, multiply by 70-75% (typical DSCR cash-out LTV on a recently rehabbed property), and compare that to purchase + rehab + holding + closing costs on the refi. If the refi loan covers most of your all-in cost, you have a real fallback; if it's short by $40K, you know that number today instead of on day 60. Then check the rent: the property has to cover the new payment at roughly 1.2x DSCR, so a flip in a neighborhood where rents are weak relative to price has a much thinner plan B than the numbers alone suggest. Two things beginners forget: most DSCR lenders want 3-6 months of seasoning before they'll lend off the new appraised value instead of your purchase price, and the prepayment penalty can eat you alive if you refi then sell 8 months later, so ask for a step-down structure up front.
25d •
The ugly truth about DSCR loans.
Ambitious and hungry eyed investors are coming to me ready to get their first rental. They can put down 20% and have a duplex they’re ready to househack. And THAT is where it all goes down hill. Many of my well intentioned investors don’t realize DSCR loans require the homes to be non-owner occupied. So that removes Househacking from the agenda. If you’re looking to live in a home and rent out another unit then an FHA could be a fine option. But if you want to own a rental and use it as a source of income, not residency, then a DSCR is your way to go. Curious- who has househacked before? 👇
0 likes • 24d
Good flag, Jada. The other piece people miss: DSCR lenders qualify off the property's rent, so even if a lender let you occupy a unit, the rent from your unit is missing from the ratio and a 2-unit usually won't clear 1.2 with half the income gone. The way I'd sequence it for someone who wants to live in the building: owner-occupied first (FHA 3.5% on a 2-4 unit, or the 5% down conventional option on 2-4 units), and the lender will count roughly 75% of the other units' rent toward qualifying. Live there 12 months, move out, keep it as a rental. Then the second building is where DSCR earns its keep, because it doesn't touch your DTI and the first property's mortgage isn't held against you. Loan type matters less than the order you use them in.
1 like • 24d
Totally agree on vacancy, Jada. Most DSCR lenders will underwrite off market rent from the 1007 on a vacant unit, so a vacant or half-vacant building is very doable (usually a slightly lower LTV or a rate bump). My point was narrower: owner-occupancy. The ratio math gets tough when the borrower is living in one of the units and that unit isn't producing rent. Good clarification though, that distinction trips a lot of people up.
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@cameron-hunt-1899
I help people achieve a work optional lifestyle through real estate
Active 12h ago
Joined Mar 9, 2026
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