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5 February 2025 | 0 replies
I financed this deal using private/hard money.
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3 February 2025 | 32 replies
The numbers may look good on paper, but the reality is very different-lower quality tenants, higher turnover, more problems and less money than you'd expect as a result.
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25 January 2025 | 7 replies
The houses would be looking at I'd imagine would be about 7 to 800 k taxes would be about 4K hire a year.
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11 February 2025 | 21 replies
@Richard Schubert If the house next door is a solid enough deal you could always raise the money from people in your network to tie it up.
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26 January 2025 | 51 replies
It is clear from the interview that their main skill set is raising money and they partner with other "Co-GPs" who focus on the operations.
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14 January 2025 | 18 replies
During escrow converted it to a Roth and paid the taxes.
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15 January 2025 | 18 replies
You would actually be borrowing less money than originally but at a higher rate.
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26 January 2025 | 1 reply
If you need financial help, ask under the "Finance, Tax, and Legal" forum.
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29 January 2025 | 2 replies
Keep in mind, you should have already had a conversation with the hard money Lender to know their terms and process, and be ready to perform.
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27 January 2025 | 6 replies
Best way to think about hard money is as a bridge loan.