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14 June 2024 | 5 replies
We'll have to put our brains to work on something creative to do with the property and to bring taxes down.
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15 June 2024 | 54 replies
so he is really fubared either way on that score. undisclosed principal in a real estate transaction is a no no as well.Joe,, Indy is like any other big mid western rust belt city.. it has its great areas with 500 to multi million dollar homes its regentrifying areas were two chicks and a hammer work.. and we do as well.. then you have solid B class vinyl village 10 year to 20 year old stocksame thing applies here U buy D class hood properties your in trouble unless your a local hands on landlord.Morris advertises and markets D class as solid easy to manage just grateful for a place to live type properties.. he is just a bozo who has no real clue as to what he is talking about in the real estate space.. that's the bottom line.. and to think all these people think he is a genius investor LOLas I like to do I can compare this to aviation u tubes.. there is this pilot in CA.. that was doing U tubes flying from Auburn CA ( above Sacramento) to Oakland a lot.. he likes to video his instrument approach's etc.. problem is he bust just about all the minimums and one time he landed in Oakland with virtually zero zero and was bragging about it.. on an ILS unless your cat 111 approach if you do not have the runway in sight at 200 feet AGL which no way he did you could see it on his utube your to do a go around.. yet he just landed with about 20 feet of vis. problem is you have others who are not pilots or beginners just thinking he is the ace of the base..
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13 June 2024 | 5 replies
Peter,One thing I know is loopholes, creative move arounds and guide lines, if I can help in any way I would be happy.
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12 June 2024 | 2 replies
I am looking for some creative ideas or combination of loan types to put me in a position to buy land (maybe owner finance?)
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16 June 2024 | 27 replies
BRRRHouse Flipping:Pros: Immediate cash flow, creative satisfaction from renovating properties, quick turnaround.Cons: High capital gains taxes, significant overhead and carrying costs, market volatility risks.BRRR (Buy, Rehab, Rent, Refinance, Repeat):Pros: Long-term wealth building, rental income, potential for property appreciation, tax benefits through depreciation.Cons: Requires more upfront capital, managing rentals can be demanding, longer time to see returns.DSCR Loan and Investment PropertiesA DSCR (Debt Service Coverage Ratio) loan is a great option for investment properties because it focuses on the income generated by the property rather than your personal income.
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12 June 2024 | 0 replies
Yes Chris Lemons with Creative Financing Solutions believed in us and gave us the opportunity.
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12 June 2024 | 26 replies
With our backgrounds in interior design, business development, building brands from the ground up, property management, marketing, and creative direction, we bring a unique set of skills to the table.
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11 June 2024 | 4 replies
What strategies did you use or what type of creative finance ?
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9 June 2024 | 3 replies
In Gary Keller’s book, Shift, he lists 25 creative options that are most common, but barely scratch the surface:- Seller Contributions- Seller-Funded Permanent Buydown- Seller-Funded Temporary Buydown- Owner Financing- Contract For Deed- Seller Second Lease Option And Lease Purchase- Seller-Assisted Down Payment- Wraparound And Assumable Mortgage- Gift Funding- Selling And Refinancing Existing Assets- Non-Occupied Co-Borrowers- Using 401(K)- Temporary IRA Transfer- Pledged Asset Mortgage- Equity Transfer And Bridge Loan- Employer-Assisted Mortgage- Lender-Funded Buydown- Fannie Mae’s “My Community Mortgage”- Running Scenarios With Automated Underwriting Systems- Adjusting Amortization Period To Lower Payment- Adjusting Interest Rates To Cover Closing Costs- State, Province, And Local Grant Or Bond Programs- Mortgage Credit Certificate- Private LendingHe said these options barely scratch the surface.