Joe S.
Creating a note in order to sell it.
18 January 2025 | 4 replies
If a single-family owner-occupied property is worth $400,000 - I wouldn't invest more than $280,000 (70%) in a note secured by the property.ITV takes priority over desired yield - so even if the note discounts to $350,000 based on desired yield, the investor still won't go beyond their maximum ITV.
Sunny Wu
Tenant wants to break lease 8 months early
6 January 2025 | 6 replies
Most work with us, some do not.Be careful also as they may tell you to keep their security deposit as last month's rent.
Heidi Kenefick
Organaizing finances- baselane vs Rentastic vs avail vs rentredi?
21 January 2025 | 40 replies
I like that you can setup different virtual accounts for security deposit let's say, or to separately ledger cash collected through a rent to own contract.
Conor Neville
When to approve tenants?
22 January 2025 | 7 replies
They want to secure housing before they arrive.
Paige Seeley
Funding for a portion of a down payment
15 January 2025 | 6 replies
You can borrow against a 401k or another property you own for example, but that would a secured loan.
Mike Daniels
Carlsbad Flip Property
7 January 2025 | 0 replies
Purchase price: $1,300,000 Cash invested: $130,000 Sale price: $1,650,000 We work with an investor who purchases the house and secures a deed in his name.
Michael Challenger
First Time (Potential Buyer) Seeking Advice on House Flipping in Charlotte, NC
7 January 2025 | 5 replies
If you’re considering leveraging hard money lending (HML) for this flip, it could be a strong alternative to traditional financing—especially since HML is quicker to secure and designed for investors aiming to flip properties fast.With HML, you’re typically looking at covering a significant portion of both purchase price and rehab costs, which keeps more of your cash free for other expenses or emergencies.
Ethan A.
Seeking advice: tenant violated lease with many cats
20 January 2025 | 7 replies
Give her 30 days notice now, keep her security deposit, and send her a additional bill for damages to the unit in lieu of taking her to court for the damages.
Jeffrey A.
Should I use a HELOC for first my first flip or find other means?
12 January 2025 | 10 replies
I completely agree with @Ashish Acharya's points about the cost-effectiveness of a HELOC and the potential credit implications if it’s secured by your primary residence.
Cody Baum
Well-read Newbie Stuck in Analysis Paralysis!
3 January 2025 | 2 replies
Good luck on your journey and I hope you provide the financial security you hope for to your daughters.