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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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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 | 18 replies
Prepare for the journey by partnering with an investor-friendly agent.Good luck!
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22 November 2024 | 4 replies
Hi All,Have a friend who’s mom had a stroke and has been in care for the last appx 2 years.
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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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22 November 2024 | 5 replies
Keep them updated to reflect seasonal decor or recent upgrades.Offer High-Impact Amenities: Small touches like a coffee maker, fast WiFi, or a thoughtful welcome gift can transform a stay into a memorable experience.Stay Communicative and Proactive: Prompt, friendly communication makes guests feel valued.
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25 November 2024 | 13 replies
Can you recommend any investor friendly banks in the area for mortgage and quick refi?
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21 November 2024 | 8 replies
Also, if you know of any investor-friendly title companies, I’d love your recommendations!
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15 November 2024 | 5 replies
@Tarcizio GoncalvesStessa is an excellent platform for tracking income and expenses for investors; it is user-friendly.
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23 November 2024 | 2 replies
Friends who are heading up this project got me interested.