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3 December 2024 | 8 replies
With a strong desire to learn, I’m focused on acquiring the skills needed to make strategic investments and build generational wealth through real estate.I’m is eager to dive into the fundamentals of the industry, from property evaluation to cash flow management, and is excited to learn from the experienced mentors and peers.Welcome to the community!
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9 December 2024 | 98 replies
Few people have no clue what is or how it works, I was just reading today that the cannabis growers that will be trading BILLIONS of dollars in CA, cannot deposit those funds in traditional banks, therefore; many will be using Bitcoins and other digital currency.
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7 December 2024 | 150 replies
I'd say you need your own funds.
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5 December 2024 | 2 replies
If you are looking to fix and flip, just make sure you look for a 12 month term, non-dutch interest on the rehab funds (this means you do not pay interest on the rehab money until you use it), no prepayment penalty, and avoid any lenders that escrow your payments at closing.
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13 December 2024 | 13 replies
My recommendation is still going to be the same as I've put in other threads; buy 1.25x DSCR in a very good area or up & coming area of a very good city ideally through BRRR(you'll keep 10-30% of the capital in the deal likely), invest ideally 60-80% of your downpayment(no less than 33%) in a debt note fund that matures in 2-4 years.
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7 December 2024 | 2 replies
Not following the requirements (within Seattle city limits will likely have additional rules and regulations) opens the seller up to liability.Additionally, the seller always has the option of offering "cash for keys" arrangement but be sure that no funds change hands until after the property is vacated and locks are changed.John
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8 December 2024 | 9 replies
I'd go for the best location, ideally, but without a strong compromise on your funds.
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5 December 2024 | 4 replies
Basically you stay working there and rollover funds into another qualified plan.
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5 December 2024 | 3 replies
Private money lending is a great way for real estate investors to access fast, flexible funding.
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11 December 2024 | 29 replies
i'd check your local laws and guidlines, its illegal here in the city of columbus to deny someone based on source of funding.