Ruben Diaz
HELOAN for hard money reserves
10 January 2025 | 3 replies
I’ve done 1 rental property and sold it to gain capital and did 1 flip that didn’t go so well so not 100% experienced to say the least.
Anca R.
Is a 1031 Exchange allowed in this case, and if so, is it worth the hassle?
22 January 2025 | 22 replies
So the question becomes based on their individual and personal tax situation what is the estimated tax burden they'd save?
Donald DiBuono
Mobile Home Park Development
12 January 2025 | 12 replies
I have a vision of building and developing mobile home communities in upstate NY that are vertically integrated to allow future members to choose from a catalog of homes, have them installed, provide them with financing options, and make the process of selecting, buying, and living in the community very smooth.Since this is my first time doing this, I would love to chat with an experienced mobile home developer on the following items:Zoning - navigating the zoning process to allow the community to be allowedStart up costs - I am a finance person who would love to better understand start up costs - septic / electrical / water / pads / roads / etcOn Going Maint Costs - in building our business case, I want to build a conservative financial model to capture all re-occurring expenses - utilities, landscaping, capex, septic clean out, etc.I know this is a lot, but would greatly appreciate talking to someone who is an expert in this asset class!
Michael Nguyen
Due on sales clause...Has anyone experienced this?
31 December 2024 | 2 replies
you can get financing witha LLC but the lender will require a personal guarantee on the loan.
Albert Gallucci
How do you detirmine the class of a Property
27 January 2025 | 12 replies
So they price those homes at what a willing homeowner will pay for their personal residence.
Brian Rocha
Any experience with HMLs for the purchase only?
10 January 2025 | 21 replies
We have done it both ways where we fund purchase and they cover rehab but if the individual is less experienced we do not do it that way, we have them put more money into the deal from the start and fund the draws, reason why is we also had a deal where the person said they would do this and never did anything and property sat and loan matured and it was a pain.Just recognize you will still not get 100% financing for the purchase, so you are putting money in up front.
Nicholas A.
How many realtors to reach out to
27 January 2025 | 13 replies
You will also know that they investor friendly and experienced with investment properties.
Darnell Holland
Tear down rebuild numbers
20 January 2025 | 5 replies
Experienced developers, could you tell me how the process/financing works?
Mark Forest
Syndication capital calls
14 January 2025 | 37 replies
What made you think this person had no experience whatsoever and didn't own their own home?
Gregory Whitmyer
Choosing the Right Private Money Lender: Key Factors to Consider
23 January 2025 | 2 replies
Loan officers with 25 years of experience typically are more experienced, and have less time per file, because they have an abundance of files.Loan officers with 25 months of experience typically are less experienced, but have more time to devote to you.I can't write my own loans, so when I'm getting a loan I prefer working with less busy people when I'm doing my own real estate investment, they're more responsive and dedicated it feels like.