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20 November 2024 | 4 replies
Their perception of their skills far outweighs their actual knowledge, leading to costly mistakes.The other path is paralysis: they begin to realize how much they don’t know and become stuck, afraid to make a move.
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19 November 2024 | 11 replies
You will be able to take advantage of it in a SDIRA if the syndication also has taken on debt and therefore passes UDFI on to your account.
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19 November 2024 | 11 replies
It really comes down to your comfort level with debt and your long-term strategy.
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18 November 2024 | 12 replies
Eliminate debt, establish a budget, and save.
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21 November 2024 | 4 replies
In todays environment with higher interest rates there are less buyers in the market than a few years ago so waiting several years until rates drop to a more palatable range could lead to much higher returns.
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21 November 2024 | 5 replies
AAA is there debt on the existing property?
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20 November 2024 | 15 replies
Ideally completing light renovations like this shouldn't take long and you should have a low holding cost on the hard money loan (if you used debt) and make a higher profit on the sale or have more flexibility on the payoff when you refinance Plan on long-term and hold.
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19 November 2024 | 11 replies
If you don't have a good foundation(bad debt paid off, $$ saved up) I would first focus on that.
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19 November 2024 | 2 replies
I think paying off a loan with a high interest rate debt and adding to the principal is one way to stay liquid within the property.
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22 November 2024 | 12 replies
So much of the land was just taken by the river anyway -- it just re-routed itself and swallowed up most of the land on the riverside of the road.I do have one more favor to ask -- if anyone has leads on an accountant that can jump in to help us file last year's taxes by late November, I would be grateful to hear -- I still need to get them done, and especially need them done in order to apply for the SBA loan by the December 2 deadline.