
3 December 2024 | 4 replies
My other project years back was searching for active businesses to buy, at one time laundromats, many located downstairs in mixed use properties.

2 December 2024 | 10 replies
Borrower Types: The Professional - HM Lender will cut sweet-heart deals to keep these borrowers around Experienced real estate investors Regularly engage in property transactions Typically have a track record of successful projects The Newbie - Charge Higher everything as the risk is higher as no experience Novice investors or first-time borrowers Limited experience in real estate Seeking to build their investment portfolio The Deadbeat - Only lend if the deal is so SWEET, they can't lose if they take the property from the Borrower Borrowers with poor credit history or financial difficulties High-risk borrowers May struggle to secure traditional financingThe lender will do an application on the deal/borrower and some standard docs they require are:Hard Money Application / ExperiencePurchase contractARV report – COMPS – See * Redfin*Pictures of Property – most people use Dropbox to shareProof of Funds – Down / Reserves (Bank Statements)Personal identification (ID or passport)But usually if the deal is sweet enough, they will do it anyway because if the deal goes south, there is so much equity/value in the property that the HM lender can't lose.

4 December 2024 | 8 replies
You can use the 1031 to sell a larger unit that provides better cash flow while minimizing active management.You can either try to cluster those sales together so they close in a way that lets your replacement property be listed on each 45 day period and you close on it within 180 days of the first sale (the first exchange that will expire).Or you could do something like a reverse exchange where your Qi purchases the new property and holds it for you for up to 180 days while you sell all of your properties.

30 November 2024 | 2 replies
.• No entity to close in: Though an LLC/entity is not a must-have, it's a nice-to-have prior to seeking financing.

3 December 2024 | 9 replies
I’ve heard about home equity loans and HELOCs, but I want to keep my money in the stock market to maintain some diversification.My question is: would it be wise to take out a home equity loan for the full $200k to keep my stock investments active?

25 November 2024 | 10 replies
Hi Christopher, Personally i have had great experience, have had great tenants and aim to have S8 in my properties. have a handful of people continuously reaching out looking for homes - so at the moment i am just seeking more deals. if you have any more questions feel free to reach out to me at 786-925-2355

2 December 2024 | 21 replies
I am hesitant because the first property is located where all the Olympics and World Cup activity will be in the coming years and the interest rate is so fantastic.
27 November 2024 | 7 replies
Hey everyone,
I’m almost 30 years old and paralyzed from the neck down, living in New Hampshire. I rely on personal care assistants (PCAs) for daily help, which are fortunately covered by government benefits. However...

2 December 2024 | 34 replies
And anyone that feels they've been mislead should seek legal help.

5 December 2024 | 19 replies
Encourage him to set long-term goals, connect with mentors, and use educational resources while keeping the learning process fun and balanced with other activities to prevent burnout.