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15 October 2024 | 2 replies
A few quick tips:Run your numbers – Flip for a profit by factoring in renovation costs, holding costs, and market trends in the area.Line up financing early – If you're using a VA loan, it's great for long-term holds, but for a flip, hard money or private lenders might fit better.Build your team – Lean on your local contacts (family, friends, or contractors) to be your boots on the ground.
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13 October 2024 | 5 replies
I am interested in using private money lending to make it happen.
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15 October 2024 | 2 replies
You can try to talk to the seller about private financing and see if they are willing to play ball.
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15 October 2024 | 8 replies
ONLINE PRIVATE LISTINGSIf homeowners are looking to sell without a real estate agent, they’re likely on social media.
15 October 2024 | 69 replies
Either the LP will pay a fee for private advice, or the GP will pay to get in front of potential investors.
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17 October 2024 | 14 replies
STR's still offer value over hotels in cost per room and offer things like private pools.In back to back storms we had 14 out of 65 units damaged to the extent of taking them offline.
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15 October 2024 | 1 reply
Here, investors seek mansions on large, exclusive properties with direct access to private beaches.
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14 October 2024 | 1 reply
This does not mean your investment is insured.We often hear comments like, "We invested with XYZ because their fund / syndication is FDIC insured," (nope no its not...).To avoid these kinds of mistakes, I strongly recommend you always have an attorney review the Private Placement Memorandum (PPM) with you.
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16 October 2024 | 10 replies
Some lenders might allow you to add renovation costs to the loan to help you finish the project and avoid a loss.Explore Other Financing Options: If your hard money lender isn’t flexible, you might consider private lending or even a joint venture with another investor.
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17 October 2024 | 14 replies
Is this a separate private unit, anything shared?