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26 November 2024 | 6 replies
Most likely, the only way you will find something like that is through private lending with friends/family.What is low money down to you, percentage wise?
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25 November 2024 | 11 replies
Sounds like it could generate some good monthly income, but it could also be a hassle being that far away and only 1 property.Yes, but we have friends in Fairhope that manage rental properties so we aren't as concerned about that.
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3 December 2024 | 51 replies
Can I ask why you are looking for a turnkey company vs working with an investor friendly realtor who has a network for you.
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24 November 2024 | 4 replies
Have you attended any events from this group: https://www.meetup.com/annapolis-baltimore-real-estate-inves...I have friends that attend similar meetings with REA groups in other markets and say it's really useful.
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25 November 2024 | 16 replies
Look at purchase HUDS, statement of work if it was a renovation and the sale HUD to make sure they made money on the deal.An organized and easy to navigate borrower's package.Security documents to collateralize the loan against real, tangible property.I loaned $60K to some “friends from church” for a flip they were doing about 8 years ago.
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26 November 2024 | 18 replies
Prepare for the journey by partnering with an investor-friendly agent.Good luck!
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18 November 2024 | 2 replies
Hey everyone,I'm newer to FL. Does anyone have a title companies that they use for Sub2 (and Wrap) deals here in Central Florida?
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22 November 2024 | 5 replies
Hello Taylor, I have been in a situation and done deals where a friend is a realtor and although I found the deal, had to go through my friend as I already worked out an arrangement.
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26 November 2024 | 35 replies
At a high level, this is generally the path people take - we see a lot of people have success in this route - start building the portfolio with banks, low down payments, and then **generally** when you hit around 5 or so properties - it starts to make sense to switch over to LLCs, its too hard to qualify/deal with paperwork of banks and switch towards private lenders like DSCR Loans - (LLC friendly, easier) to scale past 5 or so.
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25 November 2024 | 13 replies
Can you recommend any investor friendly banks in the area for mortgage and quick refi?