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30 January 2025 | 10 replies
This helped my Debt to income a ton and I was able to close on the deal.
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19 January 2025 | 9 replies
Congratulations on closing the deal.
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22 January 2025 | 5 replies
If so you need to fall into the guidelines (for the investor whos funding it) regarding non arms length transactions.The most common scenarios they typically prohibit are:- Gifts of Equity- Bailouts- Leaseback OptionsAt the end of the day it needs to be a legitimate transaction, with legitimate funds coming into close.
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19 January 2025 | 1 reply
I was going to put down 5% (about $40,000) at closing.
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17 January 2025 | 7 replies
Or the developer can close on the land at risk but they have a lot of capital when that's the case.
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22 January 2025 | 22 replies
These are all STR communities that have similar amenities, close to Disney and have various sized homes that do well in the STR space.
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29 January 2025 | 107 replies
If your paying cash to buy and rehab then refinancing I get that.. but your still paying for two closing costs.
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16 January 2025 | 15 replies
Double close: You do actually purchase a property and then sell it the same day to another buyer.
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17 January 2025 | 7 replies
I was looking to put 80k cash into then refi afterwards and possibly getting 130k. 130k on mortgage would be close to $800 only leaving $200 in cash flow each month.
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20 January 2025 | 6 replies
They will match effort for effort jumping on seller calls and helping you close deals, walk you through contracts, make connections to attorneys, etc.