
23 November 2024 | 7 replies
If you can leave the property alone and use your funds I would.

21 November 2024 | 12 replies
That said, I'm not completely opposed to sharing ownership if it were mutually beneficial.
21 November 2024 | 1 reply
Quote from @Bruce Schussler: A lot of Podcasts and Youtuber's say to cash-out refinance to keep rents balanced with payment; (PITI) then use those funds strategically to re-invest either in more real estate or just put into a high interest bearing account or money market account...Here's some of my thoughts and comparisons;Cash-out refinance with new loan so rents balance with payment:- The cash-out refinance is 100% tax free- The funds can be put into a money-market account off-setting a portion of the interest charge of loan- The loan balance gets eventually destroyed by inflation- The liquid cash eventually gets destroyed by inflation - The interest on the new loan can be deducted from the rent income- The refinance costs are 3-4% of the total- There is less equity in the property and LLC that can be attached in case of a lawsuit- The break-even on cash-out refinance with current interest costs on the new loan is around 12 years Vs.Paid-off property with positive cash flow:- The positive rent income is 100% taxable minus only depreciation and property tax- There is more equity in the property and LLC that can be attached with a lawsuit- The break even is not until after 12 years at today's interest rates- There is a rate risk in today's inflationary environment where interest rates on bonds keep rising*It appears to me that the cash-out refi is in the best interest for a property investor; (Dave Ramsey would strongly disagree!)

26 November 2024 | 17 replies
Another path might be a short-term solution like a bridge loan to fund your next acquisitions while holding off on a full refinance until rates or terms improve.Given your goals to scale rapidly, keep an eye on maintaining cash flow while growing.

21 November 2024 | 23 replies
With most hard money lenders - you will need funds to start the renovations - since they work on a draw system.
22 November 2024 | 5 replies
I am an investor who is now entering the market in DFW, I can close deals quickly and I have proof of funds, I tried all the Facebook groups to find wholesalers in Indianapolis and I can't reach them, do you have an idea how to reach them?

22 November 2024 | 6 replies
do you know how you will fund the acquisition?

23 November 2024 | 5 replies
At the end of the day, I understand you want to keep a 4.5 or 2.5% mortgage however if you come to find out that by accessing those funds via a second mortage, your overall payments would be higher, it actually might make sense to refinance and use those funds to invest.

27 November 2024 | 15 replies
I have considered trying find deals and bring them to current investors to learn but not sure on how the Self-Storage Funds do Lead-Gen.. any thoughts or insight you can share with a fellow CPA would be much appreciated.

21 November 2024 | 8 replies
Right now we have enough for a 25% downpayment on 2 $300k properties, and I'm just trying to find the best way to allocate those funds.