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15 November 2024 | 15 replies
Unless you're direct to a seller, you'll often find yourself with tight margins which equates to losing in the end.Here in Texas, I’ve gone through hundreds of deals this year and maybe half a dozen deals were worth the investment.
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20 November 2024 | 9 replies
Mortgage brokers can be helpful as they work with investment property lenders that have better rates and terms that don't advertise directly to the public.
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20 November 2024 | 20 replies
I am currently moving through my first assignment of RPA escrow period and all of the seasoned people who shared their "assignment of agreement addendum" experiences and insight has given me the confidence to know I am moving in the right direction and taking the correct steps in order to close this transaction correctly.
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19 November 2024 | 2 replies
I appreciate any advise and direction.
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17 November 2024 | 5 replies
I just added an invoice on to escrow so that they could pay me directly through escrow along with the cost of the purchase.
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15 November 2024 | 17 replies
. ;)BiggerPockets has a great Creative Financing forum.
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18 November 2024 | 13 replies
@Sendil Thangavelu you really need to hire a professional property manager or real estate attorney to help direct you in the right direction from now and the future
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15 November 2024 | 9 replies
and yes, almost nothing cash flows right now unless it's some kind of creative or risky or non-traditional strategy.
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18 November 2024 | 12 replies
@Kenneth JohnsonTo invest in real estate, build a strong financial foundation, educate yourself, network, start small with house hacking, FHA loans, and savings, consider creative financing options, build sales and negotiation skills, and have realistic expectations.
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19 November 2024 | 12 replies
You want to properly classify transactions such as Contributions/distributions if they are between the entity and the owner itself.If the entities are not direct owners, you have have a Due to / Due From to properly keep track of money owed between the entities.Best of luck!