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19 April 2024 | 16 replies
Using other peoples money is a great way to keep you honest on the project as well keep the project out of your pocket.I thought funding my own would give me control but what it really did was hogtie my leverage and made me emotional in my decisions.There may come a time when funding everything makes sense, but even if you do a few flips with HML, you will understand the process, have a foot in the door and be positioned to act on ANY opportunity when it comes along.And having a bunch of your own employees just means that they are looking to you or leaving you if the work slows down.
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22 April 2024 | 39 replies
I find real estate investing really really slow and boring.
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19 April 2024 | 2 replies
Consulting a lawyer and accountant when tax season slows down but has anyone done this?
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19 April 2024 | 7 replies
I have a property I would like to sell:-Market value: 450,000-Purchased in 2020- Mortgage has $153k left at 4% (conventional)The market is slowing down a bit and since I no longer would qualify for conventional loans, I am considering offering seller financing to generate some interest and get the best sale price.I would love some ideas of how to structure this properly.
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18 April 2024 | 26 replies
I personally like to manage the risk and take it slow and true.
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18 April 2024 | 4 replies
Hey Jinesh, I would highly recommend taking it slow.
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18 April 2024 | 5 replies
You can use the cash value in the policy as a source of funds for financing, and it is an asset and liquid through withdrawals or loan by borrowing against the cash value.
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17 April 2024 | 3 replies
Do not cash out IRA and owe 30% taxes on the early withdrawal.
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20 April 2024 | 33 replies
But he did at least refund me the fee for my pro account, bump up my ACH withdrawal limits high enough that I could get my money out over a few days instead of a few months, and follow up with me.
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18 April 2024 | 46 replies
Shoot me a message I can try and help as I beat my market in the slow months by staying 80% full but I use unique pricing strategy.