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14 August 2024 | 11 replies
I've had loans from banks and they preferred the loans were made to an LLC.
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14 August 2024 | 16 replies
The short term market fluctuates, but long term, holding real estate is very, very rarely a bad play.As a renovator myself, I always try to hold instead of sell, that is why I prefer the term renovator, not flipper.
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13 August 2024 | 27 replies
Also they'd preferably also do business in multi family real estate (duplex, four plex.Have you worked with a great Turnkey company that you would highly recommend?
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12 August 2024 | 5 replies
Maintaining good credit for favorable terms, larger down payments for better rates, managing debt-to-income ratio, comparing interest rates and loan types, projecting cash flow, understanding property preferences, exploring loan programs, maintaining financial reserves, planning an exit strategy, and seeking professional guidance.
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13 August 2024 | 5 replies
While some say the handwritten look adds a certain authenticity, a well-designed sign with a clean logo could attract a different segment of sellers who may prefer dealing with someone who presents themselves professionally.
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12 August 2024 | 2 replies
Prefer not to rent, but open to any other options you can offer.
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8 August 2024 | 6 replies
.- Preferred Return: 8% annually to the investor.- Profit Sharing: After the preferred return, profits are split 70% to the investor and 30% to the sponsor.- Management Fees: 2% of gross rental income annually.- Acquisition Fee: 2% of the purchase price.- Disposition Fee: 1% of the sale price.Option 2: Debt Financing with Equity Upside- Target Properties: Single-family homes, multifamily properties, and land for development in prime locations.- Interest Rate: 6% interest only for a term of 5 to 10 years- Prepayment Penalty: 2% if the loan is paid within the first 3 years- Equity Upside: Investor receives 30% equity of the appreciationWhich option do you think is more attractive and why?
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12 August 2024 | 5 replies
It would be preferable for all of them to be in the same general area of DFW.
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13 August 2024 | 69 replies
Preferred equity tiers really act more like a secondary debt layer.
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12 August 2024 | 5 replies
I prefer St Croix its bigger, more residential , more affordable, less mass tourism.http://ltg.gov.vi/recorder-of-deeds.html