Katie Southard
Selling Rental before Cap Gains Timeline
8 January 2025 | 10 replies
It's not perfect but it's a start and something for you both to look forward to as you continue building your life together.Some other questions to consider are:1.
Andrew Lawlor
STR to Custom Home Builds
17 January 2025 | 19 replies
Always have backup subs as well, and in my case I have spent time learning all the trades so in a bind I can fill in and get it done myself if I have to.
Trevor Pawley
Starting out (wholesaling)
18 January 2025 | 0 replies
Hello, my name is Trevor and I’ve recently took in the interest of wholesaling properties, I have never networked before so I’d like to make friends and potential clients in which we can both help eachother out some.
David Robertson
Young Entrepreneur Starting a Real Estate Company – Seeking Advice on Raising Capital
17 January 2025 | 4 replies
I’m a young entrepreneur in the real estate space, and I’ve recently started my own company.
Jaren Taylor
Financing Apartment Deals
30 January 2025 | 6 replies
When you start raising money, the kinds of investors you're going to get are individuals who want to make a better return than the stock market.
Steven Rosenfeld
What do you think of syndicate sponsor Goodegg Investments?
26 January 2025 | 51 replies
There is lots of information on how to analyze publicly traded REITs as well.
Christopher Lynch
What Is The Best Way to Start Flipping Houses and Raise Capital?
16 January 2025 | 10 replies
When starting out it’s a pretty good deal for someone lend you all the money and you give them 50% of the profits.
Andy Wang
Should I sell my note? 1.2M @ 8.5% for 4.5 yrs
27 January 2025 | 7 replies
Here are some general guidelines: Lien Position1st Position LienEquityMinimum Down Payment of 20-25% (a 30% equity to sale price is preferred)Down Payment made in certified funds and not borrowedMaximum Funding of 70% ITV (Investment to Value)SeasoningMinimum of two monthly payments already made12 months or more preferredPayer CreditCredit Score of 650 or higherNo major derogatory trade lines (No 90-180+ days delinquent, foreclosure, repossession, bankruptcy, etc.)No decline in credit since purchase of businessTermsPrefer 60 months or lessMaximum of 72 monthsNo Balloon Payment preferredCash FlowBusiness has positive cash flow1.25 debt service coverage ratio preferred.DocumentationPersonal guarantee from a creditworthy individualStandard documents including Note, Security Agreement, and UCC-1 filing.Tax Returns on the business that substantiate profit and loss statements.OtherPayment history current and verifiablePayer Interview indicating buyer is satisfied with business and comfortable making paymentsMotivation for selling the note is not a result of a deteriorating businessConsideration of high risk businesses or geographic areasIn these situations, sometimes a partial is a better option.
Matthew McCarty
Started out, need advice.
28 January 2025 | 6 replies
I'm looking to make smart decisions for 2025, and this seems like a great place to start.
Mustafa Shaikh
RAD Diversified Review — It Wasn't Pretty
19 January 2025 | 147 replies
And starting to get some money is better than no money right ?