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10 November 2024 | 5 replies
Until Fed begins to cut rates I’ve found alternative lenders in some cases to be competitive with banks on construction debt when considering the totality of factors (rate, leverage, depository relationships and pre- payment penalties).
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5 November 2024 | 29 replies
Or do you just have separate accounts and cards for each property to track that way?
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12 November 2024 | 17 replies
., Id love to work up to being able to afford a property to house hack one day but it is not in the cards right now.
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11 November 2024 | 4 replies
And my current DTI is basically zero as I have no outstanding debt or living expenses right now.
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12 November 2024 | 8 replies
Every aspect of real estate is syndicated from ATM machines, farms, to multifamily to debt funds.
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14 November 2024 | 10 replies
In your example sell the $2 mil building (assume there's $600K of debt remaining so there are 1.4 mil in proceeds).
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10 November 2024 | 6 replies
Please note though this is an asset on your estate and if you have debts those also need to be resolved/paid which could complicate things - thus why I strongly recommend an estate planning attorney and a real estate attorney.
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9 November 2024 | 9 replies
My bookkeeper (who is a new addition to my team this year) has just integrated the first of my business credit cards into Quickbooks.
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13 November 2024 | 13 replies
So reach out to as many people as you can with business cards in hand.Not everyone you meet will be receptive, but the people you connect with will be valuable additions to your buyers list.
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11 November 2024 | 10 replies
Some DSCR (Debt Service Coverage Ratio) loans don’t require current income, focusing instead on the projected cash flow once you rent the units and building.