Private Lending & Conventional Mortgage Advice
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback
Updated over 14 years ago,
Brainstorming ideas for settings and
This thread was started to have a place to brainstorm ideas that aim to raise private money. The goal is to think outside the box and realize prospects and locations to meet prospects that aren't readily apparent.
On another forum on BP we were talking about how we can use HML to rehab and hold for cash flow by refinancing out. The idea brought up by Bill (Financeexaminer) who if you're not following, you should!
The first idea was to target an obvious market such as those with CD's @ 2.5 where even 6-7% may seem utterly outstanding. Profile little old ladies, my thought was to take up volunteering at a local retirement home and just being social.
Personally I'm loving the idea because I'm a huge fan of the 50's, need to work on my cribbage skills, and just love talking to retirees in general.
Had it not been for Bill's suggestion I don't think I would have entertained the idea anytime soon. This topic is all about throwing ideas against the wall and, to each their own, run with some ideas and share experience!