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4 February 2025 | 17 replies
Your job, your savings, sounds like you have a supportive dad, you live in a place you evidently love, you’ve had exposure to the business.
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20 January 2025 | 1 reply
I’ve had most luck with signs in front of my plaza and word of mouth - networking at Chamber of Commerce and chatting with other business owners in the area.
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17 January 2025 | 23 replies
That being said, it can be the most satisfying and cash-flow-positive business around.
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20 January 2025 | 6 replies
They’ll coach you right into it being your own business that allows you to leave your W2, if that’s your goal.
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17 January 2025 | 37 replies
And real lenders don’t troll for business by texting.
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23 January 2025 | 5 replies
You must have the intent to hold the relinquished property and the replacement property for rental, investment or business use.
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17 January 2025 | 3 replies
Over the years, I’ve learned that offering tiered returns can be a win-win strategy—it rewards investors for their level of commitment while helping us maintain flexibility in our business.
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21 January 2025 | 5 replies
Thanks for the feedback; some quick stats: 9 doors across 4 states, about 50% LTV ratio with a Net Income of about 17% and cash on cash of about 3%.....in fairness those numbers include some overall business expenses not tied directly to one specific property.
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3 February 2025 | 25 replies
I'm doing a refi on a multi-family building right now with a lender I found here on the BiggerPockets Lender Finder - https://www.biggerpockets.com/business/finder/lenders They've been able to help me get a DSCR loan which others on this post have mentioned and they've been pretty quick should be able to close before the new year in less than 3 weeks from when I started the process!
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12 February 2025 | 29 replies
CA really cleaned up the fractional note business from my days of doing it in the 80s..