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10 June 2024 | 9 replies
I also have a duplex coming up on the market soon that would make a suitable house hack that you might consider either financing or creative financing.
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9 June 2024 | 2 replies
Traditional refinancing and selling has proven challenging, so I’m considering more creative options, such as private lending or partnership arrangements.Questions for the Community:Have any of you dealt with a similar situation?
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13 June 2024 | 20 replies
My areas of expertise are PML/HML Foreclosure Tax sale ( not tax certs) and sub to wrap creative finance and development these are all things I do for my day job.. like my project in Oregon currently www.ivyridgeestatecanby.com 90 homes 700 to 1 mil each takes some expertise to buy develop get construction loans market sell and deliver these high quality homes..
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9 June 2024 | 3 replies
Hi Theresa, 25 years means you've been dong something right :) Check in with @Joseph Chiofalo they are NY based and offer creative fix and flip, bridge and constructions loans.
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9 June 2024 | 3 replies
@Nathan FrostThe advantage - some will do 90% and 100% construction but recognize your signing a personal guarantee and will be paying 10-12%+ for interestBenefits of a private lender are speed to close, creativity in cross collateralizing etcThere are a lot of people on BP that think oh private lending is less strict than banks and easier to get.
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10 June 2024 | 8 replies
We are open to offers creative or not.
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9 June 2024 | 4 replies
I would really be interested in what creative ideas there are out there.
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12 June 2024 | 24 replies
I've noticed a trend: the OG's that went through the GFC 2008-2010 meltdown are fine with a low return on equity and cash on cash return, avoiding mortgages and paying with cash, while the Young Bucks are all about maximizing leverage, $0 down strategies, creative financing, "infinite returns", growing the portfolio to the moon as quickly as possible and measuring it by number of doors as the primary metric instead of equity/ actual wealth.
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9 June 2024 | 6 replies
Hey @Mario Cuartas glad you and your family are thinking creatively, that is definitely what it takes in this market to be successful.Unfortunately from my knowledge, this idea is much, much more difficult than you anticipate.
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10 June 2024 | 15 replies
Ex: Rentable podcast studio, general storage, photo shoot, airbnb experience, luggage storage for people waiting to check into their STR, etc...Check out Peerspace for some creative ideas