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17 January 2025 | 5 replies
So they would first payoff the first mortgage, if there is a second then $ goes to the second and if anything above that goes to any other lienholders or the homeowner.There are a lot of people who invest in 2nd mortgages because they are cheaper than a first, but in Ohio (not sure all counties) you have to pay off the first at foreclosure so if you do not have the money to pay off the first you are out of luck.
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6 February 2025 | 13 replies
And proper screening prevents those people from even renting your place.
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14 January 2025 | 37 replies
These are just deals I have invested in with other people.
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10 January 2025 | 9 replies
I also have some capital to contribute.Could someone explain how syndications are typically structured, and how are people using Other People's Money (OPM) to build large portfolios with little to no money down?
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20 January 2025 | 3 replies
And while a 1031 exchange isn’t an option, some people explore alternatives like installment sales to spread out taxes or even tweaking the investment structure so your returns are treated as interest instead of equity.There are definitely some creative strategies out there.
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12 February 2025 | 17 replies
Beautiful thing about RE is there is plenty of people out there and you can find the right fir for what you need as the seller
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15 January 2025 | 10 replies
High property prices mean fewer people can afford to buy, so more people rent.
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17 January 2025 | 12 replies
I really feel this is helping people find affordable rentals.
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15 January 2025 | 6 replies
I'm looking to network with people investing, selling, and rehabbing.
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28 January 2025 | 5 replies
Generally speaking, I think tech like this stuff and social media have lowered the barrier to entry, allowing people to take risks they dont fully understand, whether wholesaling. flipping, lending, etc.