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21 January 2025 | 3 replies
You will need to justify the sale price of those assets to the new owner at their then current value on your books.It is a big hassle to do this, but it can make you a lot of money if you do it right and are careful in your record keeping.
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22 January 2025 | 4 replies
Depending on the amount owed I might pay it off after I’m under contract to do a property inspection and ask for the money back at closing.
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21 January 2025 | 6 replies
If you're looking to BRRRR/flip, I do recommend looking into hard money loans.
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31 December 2024 | 76 replies
I've been trying to get my money back since week 2 of joining.
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20 January 2025 | 3 replies
I’m currently working on a deal in Fort Lauderdale & actively looking for financing solutions like hard money or private lending.
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23 January 2025 | 11 replies
All that being said - follow the money.
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19 January 2025 | 47 replies
Meanwhile, bank money market paying 7.5%.
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22 January 2025 | 10 replies
That’s real money to many people.
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20 January 2025 | 7 replies
That will determine if you could sell it and use the money to buy a single family home or would need to take out a mortgage.
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23 January 2025 | 3 replies
I have two options 6.625% 30 year or 6.15% 15 yearI want to invest aggressively in the near future on more propertiesThe loan is only $110k and the monthly payment for 15 year is $563 and $750I will earn 2-3k a month in gross rental revenueThe property is in a declining population areaRecently rennovated, and all major things were relatively recently improved such as plumbing, the roof, a/c, electric, etc.Will require a lot of management as it is rent by the room so I may switch to a normal rental after 10 yearsI'm trying to find what will mathematically net me the most money in the long run.