Henry Jay
New to Investing in Real-estate
14 January 2025 | 3 replies
If you need financial help, ask under the "Finance, Tax, and Legal" forum.
Pierre Tran
Advice Needed: Options to Cash Out My Equity Without Disrupting a Seller Carry Deal
13 January 2025 | 1 reply
Together, the property nets us roughly $1,400/month after expenses.Equity Split: My partner owns 60%, and I own 40%.I'm exploring ways to take out my equity without disrupting this deal, as I feel this isn't the best financial decision for me right now.
Stephen Tawiah
Funding For First Real Estate Deal
2 January 2025 | 9 replies
It's a townhouse in Ohio, and as per the estimated financials, I could be looking at $400 per month in cashflow.Problem is...
Devin James
To those who consider themselves very wealthy, is wealth worth what is takes?
22 January 2025 | 55 replies
My wealth was tied up in assets and I wasn’t at a place financially to not work.
Donald DiBuono
Mobile Home Park Development
12 January 2025 | 12 replies
I have a vision of building and developing mobile home communities in upstate NY that are vertically integrated to allow future members to choose from a catalog of homes, have them installed, provide them with financing options, and make the process of selecting, buying, and living in the community very smooth.Since this is my first time doing this, I would love to chat with an experienced mobile home developer on the following items:Zoning - navigating the zoning process to allow the community to be allowedStart up costs - I am a finance person who would love to better understand start up costs - septic / electrical / water / pads / roads / etcOn Going Maint Costs - in building our business case, I want to build a conservative financial model to capture all re-occurring expenses - utilities, landscaping, capex, septic clean out, etc.I know this is a lot, but would greatly appreciate talking to someone who is an expert in this asset class!
Tyler Sweet
Cryptocurrency and Real Estate
16 January 2025 | 6 replies
The idea of ownership is changing with the emergence of web3.0 :)Just my 2 cents, not financial advice.
Jonathan Worrell
Mentoring and Advice
13 January 2025 | 3 replies
instead of seller financed which would be less advantageous for you financially.
LaTonya Clark
Lender- 40 year loans
20 January 2025 | 31 replies
Over time, I’ve accumulated more cash reserves and don’t need as much flexibility, but I’m actually in the middle of a refinance right now using an interest-only mortgage—because the pricing with the lender and the corresponding ARM is more favorable than a comparable principal-and-interest loan.The key with these alternative or "exotic" mortgage types is that you need to be financially savvy and have a solid plan.
Roman Stefaniw
Arms length Mortgages/Private Lending
14 January 2025 | 15 replies
I believe such plans are offered by specialty divisions of the mainstream financial services providers like CIBC & RBC.
Ezra Avery
Hello & Thank You
7 January 2025 | 5 replies
@Ezra Avery you might want to read below to understand Classes of Property/Tenants.Property Class will typically dictate the Class of tenant you get, which greatly IMPACTS rental income stability and property maintenance/damage by tenants.If you apply Class A assumptions to a Class B or C purchase, your expectations won’t be met and it may be a financial disaster.If you buy/renovate a property in Class D area to Class A standards, what quality of tenant will you get?