Samuel Coronado
Looking at another park
13 January 2025 | 8 replies
These should be reflected in the purchase price or negotiated as part of the terms, such as the seller carrying some of the renovation burden.Use seller financing to your advantage by proposing a price closer to $225,000-$250,000 with terms such as 20% down, a low interest rate (4-5%), or interest-only payments for 3-5 years, with a balloon payment once renovations are complete and cash flow stabilizes.If the seller is firm on price, consider negotiating higher down payment terms to reduce the financed amount, paired with interest-only terms or a price reduction tied to renovation milestones.Key questions to address include the condition of the septic system, which can be a significant expense if it fails.
Nick Rivers
How to become an expert underwriting deals?
19 January 2025 | 11 replies
My Team hosts 12+ Free meetups each quarter in Massachusetts, New Hampshire, and Maine, under the name Simplified Real Estate Meetups.
Ana Maria
Anyone ever bought an investment property through SDIRA Wealth?
11 January 2025 | 34 replies
Also I can start with 50K inital investment rest is financed & maintenance will be free for first few years is what he said.I have seen some very bad reviews for the old Clayton Morris firm but not many reviews for the new Josh Gilmore (josh@sdirawealth) SDIRA wealth firm.Has anyone done recent business (2023 or 2024) with SDIRA Wealth?
Ananth Subramanian
Post eviction: Collecting Judgment amount
16 January 2025 | 8 replies
suggest you find a different attorney firm to work with...they'll take a cut, but worth it.
Wesley Peixoto
From private equity to real estate... excited to learn and connect
28 December 2024 | 6 replies
There is a good one in the Stamford area hosted by Brandon Chisholm.
John Malone
Are you aware of the new Corporate Transparency Act Coming in 2024 (every LLC)
31 December 2024 | 22 replies
At our firm (tax advisory) we are offering a service to help clients with this and we expect many tax/cpa/law firms will as well.
Nirek Rao
Attorney specializing in immigration + business + tax laws
1 January 2025 | 1 reply
I'll send you a DM on a recommendation for a law firm a lot of our clients use.
Stefano Vrolijk
First investment property as a foreign citizen
12 January 2025 | 12 replies
@Stefano, there are a host of lenders that can lend to foreign nationals.
Account Closed
Will a seller financed deal show up on buyers credit or considered on debt to income?
14 January 2025 | 7 replies
Now a-lot of times you buy a home from someone with seller financing and they hold the note for 6 months to season it and then sell the note to another investor or a firm and then it will most likely show up on your credit because these are more sophisticated investors.In regards to the benefits of owner financing you won't have to pay closing costs to a bank.
Cody Caswell
Introduction - Investor and Interior Design Company Owner
3 January 2025 | 4 replies
Have you ever heard of host GPO?