Helena Goyvaerts
BRRRR - Experiences with the refinancing part for non US-citizens?
6 January 2025 | 10 replies
I would call or email a specialist in FIRPTA such as "Tax solutions FIRPTA consulting" in Katy Texas, since they can answers all questions about the law plus investor friendly lenders
Dwayne Rowe
Accessing equity from multiple properties
31 December 2024 | 11 replies
Pretty much any regular bank / lender is going to require themselves to be in first position on all the properties... so I don't think a HELOC type solution is going to work across multiple properties with multiple lenders.
Steven Barr
Insurance on New Construction
24 December 2024 | 1 reply
What are y’all doing for insurance coverage solutions?
Kylie A.
Best Business Bank Account For Real Estate Investor
28 December 2024 | 13 replies
Additionally, Chase Ink Business Preferred offers competitive travel rewards and may pair well with their banking services.Bundled Solutions: If keeping everything under one roof is critical, you might explore Silicon Valley Bank or First Republic Bank, depending on your location.
Diandre Pierce
Mobile home park opportunity
12 January 2025 | 7 replies
Private lenders or even creating a small syndicate with a group of investors might also be worth exploring, especially since you can point to your uncle’s track record and your own experience managing rentals as a selling point.If timing is tight, you could look into a bridge loan to secure the property while figuring out a more permanent solution.
Brian Rocha
Any experience with HMLs for the purchase only?
10 January 2025 | 21 replies
Most are going to want to lend on the rehab as it ensures the rehab to be completed,There are numerous ways to pencil it out in your favor though.It benefits to work with an experienced broker who can guide you through the process and put you into the best possible product and solution out there for you.
Chris Garnes
Please help - advice needed to complete two flip properties.
10 January 2025 | 5 replies
It worked out beautifully... they met their deadlines and profit goals and had the break they needed.Perhaps selling one property sooner is the solution?
Jaron Jackson
How to get rent payment from previous owner?
10 January 2025 | 8 replies
I'm not sure how they paid so that may or may not be a solution here...The other thing is technically your tenant owes you still, and the prior LL may be liable for fraud.
Mark A. McElhannon
Basic approach to secure financing on an investment property
8 January 2025 | 7 replies
I feel this gives me the flexibility to find the right solution for my client and not just sell what my bank offers.I'll also throw in my 2 cents on common differences I've seen in my career:CDFIs - Because of their subsidized financing structure, they have the ability to be a low cost lender (and sometimes provide grants).
Marc Robinson
Community input on a small mobile home park, distressed with high vacancy
13 January 2025 | 10 replies
The only solution I see is connecting them to city sewer which won't work 95% of the time.