21 October 2024 | 1 reply
In most cases, partnerships are most effective for seasoned investors.Therefore, a conventional or private loan is safer than forming a partnership if you plan to purchase a single-family home.Private money loanBorrowing money from private money lenders is another option to buy a rehab or rental property.
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19 October 2024 | 15 replies
Also, it depends how good of a deal you get and how good an operator (or the one you work with) are.Assuming you buy the "right" property in the "right" place overseas, you'd typically have a higher unlevered ROI overseas because a) a like-kind property would be cheaper and b) the (high) season could be longer and therefore the revenue higher.The US used to have the advantage of the financing (availability + interest rate).
12 October 2024 | 6 replies
From now to April has been a slower season for us in that our properties stay vacant for longer this time of the year.
30 October 2024 | 94 replies
Most seasoned investors agree that financing down payments or rehab costs is too risky, especially without any experience.
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15 October 2024 | 1 reply
The main players in this space are Guidance Residential and UIF, but it turns out that they may just be purchasing a Freddie/Fannie loan on the back end to finance the deal and then structure it differently for the buyer - which isn't in accordance with their religious rules.
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17 October 2024 | 20 replies
I run across the word Seasoning” referencing loans.
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16 October 2024 | 13 replies
Same as @John Underwood, @Diaz Principe Nicolas.I would love to get more off season bookings but there ins't much call for a iced in lake house with a foot of snow on the ground and the lake being frozen over.It is fun to see how many turkeys end up on the deck and to watch if wolves use the frozen lake to move around.
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15 October 2024 | 5 replies
You may also want to set some keywords around "agent" and "lender" for that market to get to know who the players are in the space that are involved in the community.
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23 October 2024 | 22 replies
Gaining Experience: Shadowing a seasoned investor is a fantastic idea!
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16 October 2024 | 1 reply
The plan is to get this home seasoned and do a modified BRRRR moving forward to rinse and repeat.What have you done in similar partnerships?