LaShathan Banks
Hello BiggerPockets! New PRO here
12 November 2024 | 6 replies
I'm LaShathan Banks from NOLA/Slidell, La passionate about real estate investing, And I looking forward to learning more.
Tom Dean
BRRR price point and finding deals in OKC?
14 November 2024 | 5 replies
Local meetups. https://www.biggerpockets.com/forums/521Explore Auctions and Foreclosures: Properties in your price range may be available through local auctions or bank foreclosures.Partner with an Investor-Friendly Agent: An agent familiar with BRRRR deals can help you find off-market listings or properties about to hit the MLS.
Philip Njapa
Foreign investment syndication
11 November 2024 | 2 replies
Can someone recommend any advice on anything (setting up partnership structure, accounting/ setting up a bank account , lending with foreign investors, sourcing deals etc…).
Sarah Vann DuRant
Florida Land Trusts v. LLCs
11 November 2024 | 4 replies
If you have an LLC, ownership percentages are recorded and thus difficult and/or costly to change if an active partner is earning equity through actions.To give some personal experience, Lending and banking can be difficult at best, impossible at worst with a Land Trust.
Larry Morris
Seller Financing/ Subject To
11 November 2024 | 2 replies
They are two different methods and there is a ton of content out there on both.Seller financing - the seller basically becomes the bank.
Gio Kattan
PLEASE HELP! - Creative Subjecto Insurance
13 November 2024 | 2 replies
Whoever taught you that I would go to them and do what they did as this setup for an ownership structure in my opinion is far to complex and your CPA is going to be scratching there head at end of year with all the tax stuff they will have to do and how you have to keep bank accounts for each entity and move money form one to the other to the other....
Cody Weiss
Blockchain & Real Estate
15 November 2024 | 25 replies
The most benefit for Real Estate in the US now would be smart contracts to exchange Title,Notes, Funds (stable coins) since the transaction time is super fast compare to our bank system today.
Rob Bergeron
DSCR loans are cheaper than a traditional 30 year fixed right now.
14 November 2024 | 11 replies
Lastly, plopping down 5% points for a marginal savings on a monthly payment might not be the most effective use of those funds, maybe being able to buy the next a bit quicker would generate a higher return for the cash.and no, I do not believe we will see rates below 5%, and the fed has never had any control over mortgage rates with the fed funds rate as that is the shortest possible rate overnight borrowing between banks.
Samantha Derman
HELOC for Fix N Flip in LA
13 November 2024 | 4 replies
Once you pay that money back to the bank you cannot access it again.
Tanya Maslach
Process workflow for an MTR: An example
13 November 2024 | 11 replies
Also, @Jamie Banks has this stuff down to a science as well.