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22 January 2025 | 8 replies
Hey Jacob, congrats on the house hack that's an awesome strategy in any market but specifically in Peoria and Maricopa County right now it's a great option.
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20 January 2025 | 5 replies
You might consider other strategies, like taking a home equity loan or refinancing to fund repairs, but consulting with a tax professional or CPA would be the best next step for your specific situation.
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9 January 2025 | 32 replies
Have you discussed the strategy with your CPA?
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22 January 2025 | 12 replies
My first suggestion is to get them to write down an investment strategy.
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14 January 2025 | 6 replies
It is essential to have a great team.
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26 January 2025 | 15 replies
Here are a few strategies to consider for funding a down payment:Partnering: Like Gregory mentioned, finding a partner who can contribute to the down payment in exchange for equity or a profit share is a solid option.HELOC or Cash-Out Refi: If you have equity in your home or another property, a home equity line of credit (HELOC) or cash-out refinance can provide the funds you need.Private Money: Reach out to friends, family, or private investors who may be interested in lending you the down payment with a promissory note.Seller Second: In some cases, the seller might agree to finance a portion of the down payment as a second mortgage.Live Frugally and Save: It takes time, but reducing expenses and setting aside funds from your income is a tried-and-true method.The right approach depends on your situation and deal structure, but a mix of creativity and resourcefulness can go a long way.
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24 January 2025 | 16 replies
Great tools that get updated regularly.I am on the lending side of things and would be happy to hop on a call with you anytime to discuss financial strategies and help answer any questions you may have about nearly any loan product available to help you on your journey, even if they are not products my capital partners offer.We are all here to help you learn and grow.
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22 January 2025 | 10 replies
Do we have anyone that has personal experience with a 1031 strategy that is sponsored by an UPREIT?
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13 January 2025 | 11 replies
Two flats are essentially just houses.... they trade like houses and there is a lot of emotion involved.
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18 January 2025 | 9 replies
Educate yourself with resources like The House Hacking Strategy and practice analyzing deals using tools like BiggerPockets calculators.