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24 January 2025 | 6 replies
Securing funding has been challenging, particularly because my business documents reflect low revenue from only one duplex, and I am currently between jobs.I have identified a reasonably priced piece of land and have saved a small portion of the funds from my duplex sale to invest in this venture.
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22 January 2025 | 14 replies
Myself I used my own internal funds to prove my model.
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12 February 2025 | 6 replies
How do I go about finding the best banks or companies to get pre-approvals and is it worthwhile to get multiple?
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21 February 2025 | 28 replies
By holding the property until its value increases significantly, you can execute a cash-out refinance to fund your next purchase.
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8 February 2025 | 2 replies
Depending on the type of commercial you want to get into my suggestion is to go work for a company that does commercial real estate as learning from people who do it and getting paid at the same time is not a bad strategy
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19 February 2025 | 25 replies
I also do more significant development that takes longer through a fund.
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17 February 2025 | 7 replies
Now I'm not saying that to say that their customers should expect to be able to talk to a representative at their company on odd hours or anything.
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10 February 2025 | 7 replies
If funding is an issue, you do have some options.
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20 February 2025 | 6 replies
@Kiryl Ulanovich,You're on the right track:Get Pre-Approval from Hard Money Lender – Know your terms and limits upfront.Find a Deal Through a Wholesaler – Verify numbers and ensure it meets your criteria.Review the Assignment of Contract – Confirm terms, earnest money, and contingencies.Conduct Due Diligence – This includes an inspection (if allowed), verifying ARV, and rehab estimates.Submit to Hard Money Lender for Final Approval – Lender will review title, contract, and property condition.Title Search & Clear Any Issues – Ensure a clean title before closing.Close Through Title Company – Finalize funding and take ownership.Consider also lining up contractors early for a smooth transition into renovations.
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5 February 2025 | 17 replies
How will the borrower know they brought a property you will fund?