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12 January 2025 | 8 replies
I have noticed a lot of investors are seeking out cities that are offering lower priced lots and simply adding a Modular or Manufactured and capturing a very nice cash flow.There is a new trend starting in Florida and in other states where an investor buys a piece of land or lot and add a 'Tiny Home".
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7 January 2025 | 7 replies
Ideally they did not pay over retail because if they did they could easily lose the money they put into the property if the loan gets called.
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20 January 2025 | 37 replies
Now, you need to figure out how to find deals and pay for them.
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29 January 2025 | 5 replies
The cost effective way starting is partner with an established wholesaler and they provide people to reach out to or pay for lists and do cold calling/door knocking yourself.
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22 January 2025 | 0 replies
This is much lower than the costs associated with refinancing.Benefits of Mortgage RecastingLower Monthly Payments: The most immediate benefit is a reduced monthly payment, which can free up cash for other financial goals.Save on Interest: By reducing your principal balance, you’ll pay less interest over the life of the loan, potentially saving thousands of dollars.No Credit Check or Appraisal: Unlike refinancing, recasting doesn’t require a credit check, income verification, or home appraisal, making it a quicker and simpler process.Keep Your Current Interest Rate: If you have a favorable interest rate on your current loan, recasting allows you to maintain it while still lowering your payments.Drawbacks of Mortgage RecastingRequires a Lump Sum: Not everyone has the cash on hand to make a significant lump sum payment, which can make recasting inaccessible for some homeowners.Doesn’t Shorten Loan Term: While your monthly payments are lower, recasting doesn’t reduce the length of your loan.
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20 January 2025 | 9 replies
I have never been disappointed and have actually thought he pays an extreme amount of attention to my needs for the price he charges.
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9 February 2025 | 8 replies
Each former member is then free to either do a 1031 on their % interest or take the cash and pay the tax.The opposite manuever was more common until around 15 years ago.
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11 January 2025 | 31 replies
Or they have it figured out and are going to cure via paying or modification etc etc.
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27 January 2025 | 29 replies
You don’t have to pay $20k+ to learn to broker loans.
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23 January 2025 | 0 replies
Instead of paying into someone else’s property, you could be using that allowance to finance your own real estate investment.In Germany, you have access to a stable market with long-term growth potential, and U.S. service members and government civilians have unique advantages here.