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29 January 2025 | 5 replies
There are fees associated with going to Real Estate school, obtaining your license, joining the board and MLS for your area, getting proper E&O insurance and so forth.
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24 January 2025 | 6 replies
Knowing what you are capable of and/or having proper resources can lead to great deals in any market.
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5 February 2025 | 9 replies
.- Working a W2 as a firefighter, posting and consuming content- Leaving my W2 to dive deep into real estate investing and working as an agent... and still watching/posting content all while business was ok - Deleting social media apps (one have one on my phone that I use 10 minutes or less a day), diving deep into building my business and skills which have drastically increased due to pure focus and increasing my business significantly- moral of the story... focus on the things you need to do in business (dollar productive activities) and life experiences while reducing consumption will increase your success
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30 January 2025 | 13 replies
@Jill Young I may have a product that can work for you depending on the property specifics.
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1 February 2025 | 4 replies
Quote from @Grant Shipman: Hey BiggerPockets Community,If you’re raising capital for real estate syndications, you need to be aware of SEC regulations—because one wrong move could put you in serious legal trouble.Many new syndicators think they can just start pooling money from investors without following the proper rules.
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2 January 2025 | 2 replies
Hi! Evaluating a self-storage opportunity and would love folks' input on a few questions that I have, below. Really appreciate any insights that you can provide!Questions: - Commercial Loan - what are the best terms...
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21 January 2025 | 0 replies
My question is: How do I properly take the interest that my LLC has put into the new LLC and give it to my person for the purposes of getting a loan from the bank through a refinance.
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22 January 2025 | 0 replies
Unlike banks, which offer limited loan options, brokers have access to a wide network of lenders, including niche and non-traditional financing sources.Here’s what they do:Assess your financial situation to determine your borrowing power.Compare multiple loan products to find the most favorable terms.Negotiate rates and terms with lenders on your behalf.Guide you through the application process, ensuring you meet all requirements.Example: Suppose you have a lower credit score or unconventional income sources.
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3 February 2025 | 8 replies
I would generally say no if you don't have a property unless you're looking for peace of mind knowing that you've set your financial life properly.
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23 January 2025 | 3 replies
There are some very aggressive investors that refi into interest only products to free up even more cash in the short term - this can be much more risky though, so not recommended if you are not very experienced and have large reserves.