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16 December 2024 | 4 replies
Another option I forgot about was to just cash the policy out.
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22 December 2024 | 7 replies
I have another one were I optioned 120 acres that just got brought into long term planning for chips act. paid 5 million for it and spend 10k a month negative..
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19 December 2024 | 13 replies
Another odd thing was the same buyer added a second option of a cash purchase that was close to half the asking price.
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18 December 2024 | 3 replies
There are definitely multiple options and some will allow for a set amount of personal transactions per year to waive commission splits.
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17 December 2024 | 1 reply
Strategies include offering owner financing, allowing trade-ins, or providing lease options.
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20 December 2024 | 4 replies
To navigate this, consider options like keeping your current home as your primary residence while house hacking a multi-unit property, using the HELOC funds strategically before moving, or exploring alternatives like a bridge loan or cash-out refinance.
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20 December 2024 | 3 replies
Of course if you are required to pay off the 2% mortgage then your cash on cash ROI goes way down, but with a 30% equity cushion you’re still way ahead.I really dislike contractor for deed, lease option, or not recording warranty deed as “solutions” for the due on sale clause.
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20 December 2024 | 9 replies
At some point, if your business takes off, the single member LLC gives you optionality to move to an S Corp (which typically means less self employment taxes).
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19 December 2024 | 6 replies
As for property management software, options like Hostaway or Lodgify can streamline bookings and communication.
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19 December 2024 | 10 replies
There are a lot of options out there, but the rates are excruciating right now for new flippers.