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24 February 2025 | 21 replies
Remember, they can always refer themselvesđNow, make it a goal to call at least 5-10 of these people EVERY day and ask a MAX OF THREE off the list below of who do they know that:Just inherited a homeHad a loved one pass awayIs behind on their mortgage or tax paymentsHas a relative that canât take care of their house anymoreHas a house theyâre having trouble sellingIs facing bankruptcyKnows a probate attorneyKnows a bankruptcy attorneyetcWhy only three off the list per contact?
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24 February 2025 | 24 replies
However, there's an obvious loophole to the claim because if you buy a house for 999K and then the value goes over 1 million then technically you're one of the 90% that just became a millionaire through real estate :) REIT investing is a much less active way of investing into the 11 major real estate sub-sectors, in the US we have 274 listed REITs on the major exchanges of NYSE and NASDAQ, and about 75-80 of them are not equity REITs but rather mortgage REITs, which I like to park cash in when 10yr yields are trending down to give me capital appreciation plus 14-15% dividend yields. check out alreits | Global REIT Researchto do more thorough individual research.
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23 February 2025 | 246 replies
When I told him it would be a very bad time to sell the mortgage notes as there were almost no buyers, he said he didnât realize we were investing in non liquid assets? Â
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9 January 2025 | 5 replies
That will get you looking at cash flow and end up in a lower rated area than you think.
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21 February 2025 | 12 replies
It's free to sign up for an account and the savings account has a very competitive interest rate.
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31 January 2025 | 0 replies
Through the LLC structure it is possible to take advantage of the existing mortgages modified first at 4,125% 22yers and 1%, yes one percent, for 40 years.
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15 January 2025 | 6 replies
Quote from @Louis Hamilton: The property is worth around 800,000 and has no mortgage on it.
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16 January 2025 | 2 replies
@Jordyn Ohs Assuming your heloc is re-advanceable and the rate is higher than your mortgage, I would suggest you pay your HELOC down as quickly as possible with any cash flow from the properties.
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21 January 2025 | 9 replies
I have access to see properties on market with assumable mortgages for FHA.Â
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3 February 2025 | 15 replies
Connect with lenders and brokers, see what rates are out there, underwrite the deal and see if it makes sense after debt service.Â