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31 December 2024 | 5 replies
Vet potential partners carefully and aim for relationships that can grow with your portfolio.In this higher interest rate environment, focus on cash flow and creative financing options like the HomeStyle rehab loan or seller financing.
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8 January 2025 | 5 replies
We get just as frustrated because the system is a bit "broken":(I believe the team is in communication with you about your options - just be sure to also let us know your choice to secure the property to deter squatters as cost-effectively as possible.
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10 January 2025 | 4 replies
Typically a broker will work with at least 10 DSCR lenders so they should have a variety to reach out for quotes to.
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12 January 2025 | 54 replies
It can be a great option as families combine and parents or grandparents need less space, need to be closer to family but still want their own unit.
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8 January 2025 | 4 replies
His reason was the only thing he knew to do with the proceeds was to loan it back out at 12%, and he would be "behind" where he is now in cashflow.His proceeds would have given him options up to and including PE, but he is a simple man and in his case holding was the option for now.
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6 January 2025 | 11 replies
The latter part of my post was referring to the protection of the account, not the assets through funding but the cash left on-hand.I think because banks are or were typically used for ck, savings, etc, I never looked to them as offering IRA/SDIRA.When I opened my account (2018) it was with specifics in mind and now I am reevaluating.
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14 January 2025 | 18 replies
We are doing really well, though, and have a lot of options for growth now.
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14 January 2025 | 0 replies
Use Automated Follow-Ups to Build RelationshipsMost deals aren’t closed on the first contact, which is why follow-ups are essential.Example Workflow:Day 1: Send a thank-you email after a seller contacts you.Day 3: Share a case study of a seller you helped.Day 7: Send a friendly reminder with a call-to-action like “Let’s schedule a quick call to discuss your options.”Pro Tip: Mix email and SMS follow-ups to keep the conversation warm.Why It Works:Automation saves you time while nurturing leads until they’re ready to sell.3.
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23 January 2025 | 56 replies
Not the typical 2 hour hotel room seminar with high pressure sales reps asking for credit cards etc.
10 January 2025 | 5 replies
Home 1 is ideal for a fix-and-flip loan to fund the remaining $90K, which I can help you evaluate options.