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31 October 2024 | 37 replies
It looks to me like you would be essentially giving WWC a loan to be paid back through the property's earnings or a refy or a sale...and then you would get 65% of all proceeds after you get your invested capital back...Most syndications I have seen, the sponsors offers a preferred return (6-8%) on the investors' capital until the capital gets repaid in full.
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29 October 2024 | 2 replies
As I have been listening to a lot of real estate YouTube videos I realized that my moving into the unit is a major contribution to this deal and instead of us paying 20% we got 5% yet we are contributing the same amount of money.
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29 October 2024 | 131 replies
For example, they let in the program essentially anyone who pays.
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1 November 2024 | 19 replies
It is essentially a promissory note/personal loan using the note as collateral.
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4 November 2024 | 34 replies
For properties like these, the condition and price often don’t warrant upfront financial vetting, and too many barriers can add friction to the process.When it comes to lead times, I agree they’re essential for occupied homes—if tenants are involved, a 12-24 hour heads-up allows everyone to prepare.
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29 October 2024 | 16 replies
When approaching the seller about seller financing, especially given the unique nature of the property and potential challenges in selling it, it's essential to frame the conversation in a way that highlights the benefits for both parties.
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28 October 2024 | 3 replies
Watch this video for a complete insight on what this means to you as a landlord.
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30 October 2024 | 4 replies
It was enough time to put together an overnight bag with a few essentials, and Torres told the woman she could come back for bigger items later.
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31 October 2024 | 14 replies
Understanding how to source and underwrite deals is essential to BRRRR properly.
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24 October 2024 | 7 replies
This is all I do, and essentially most of what I talk about across the 550 episodes of BiggerPockets Money with @Mindy Jensen.