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Results (10,000+)
Ken M. Creative Financing and Some Things To Know
13 January 2025 | 1 reply
My humble advice to anyone attempting to do creative finance is:Creative finance is for experienced investors who have access to capital if anything goes wrong.Learn the lawsDon't use a contract "off the internet", laws vary by state and are also regulated on a federal levelLearn the financing techniques correctlyDon’t skip parts of the processDon’t ever do a “kitchen table” closingUse the proper deedAn attorney can help you with the legal work, but the rest you are on your ownYour guru will not bail you out“Investing” in someone else’s deal by providing a small 2nd loan so the “investor” can pay for “cash to the seller” and for “closing costs” so he can do the deal is a very bad planKnow what problems can ariseLearn the responses and solutions to problems before they are neededKnow everything there is to know about Title and what that meansKnow who a "protected class" individual isLearn the "back doors"Learn human natureUnderstand timelinesUnderstand regulation enforcement (some of these "mistakes" have a 10 year statue of limitations ( they can charge you 10 years AFTER you do the transaction) and carry hefty fines and possible imprisonmentThe court doesn't accept "I didn't know" for an answer"Know that the source of the lead plays a serious role in some states and federallyKnow how much of a "profit" pushes the boundaries to invite an investigationYou can be sued by the seller if you don’t do things correctlyYou are automatically at fault if an investigator or attorney or regulator gets involved.
Amanda Long DSCR New Mexico Property/ Guarantors??
17 January 2025 | 3 replies
It's really important that you work with an experienced loan officer or broker, especially on a time sensitive purchase transaction.
Bruce D. Kowal Cost Segregation Studies: The Hidden Passive Activity Loss Trap 🏢
31 January 2025 | 7 replies
Business / Investment property.  
Allen Masry what happens to 500k
23 January 2025 | 26 replies
Your success in this space will also translate to different type of business relationships. 
Enrique Toledo-Perez Advice on getting started
26 January 2025 | 10 replies
@Enrique Toledo-Perez As a realtor are you not allowed to open a wholesaling business
Austin Green Thoughts on short term rental in Franklin, NC
25 January 2025 | 10 replies
The nice thing about the arbitrage business model, is the companies usually pay you a monthly rent, and then they handle all of the AirBNB stuff. 
Jay Hinrichs LA fires Wholesalers Beware
20 January 2025 | 19 replies
--------------------------------------I don't think it prevents you as an owner from initiating the action.Personally, I wouldn't have any moratoriums on private transactions.  
Kathy Creighton-Smith LoanBidz lending reviews
23 January 2025 | 15 replies
I typically don't comment on other's businesses unless I know from personal experience.
Samuel Kim Real estate professional status 750 hours doable?
31 January 2025 | 27 replies
No, it's not a normal business practice and does not pass the smell test.From driving? 
Randee Erickson Blue Gate Capital - are they legitimate?
17 January 2025 | 37 replies
And real lenders don’t troll for business by texting.