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14 October 2024 | 9 replies
Thinking about this again...do you have a partnership agreement written up by an attorney?
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16 October 2024 | 1 reply
Very nice neighborhood
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21 October 2024 | 59 replies
Also, even on a fixed 30Y with no extra payments, you’re still paying down SOME principal (maybe like 5k in Y1 in this scenario).Although it’s nice to have the liquidity of 1L the heloc, I believe 2nd liens are still pretty cheap and fast to close.
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15 October 2024 | 21 replies
I’m only saying this because you won’t believe how many times I’ve saved borrowers from bait and switch on this style of loan.
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17 October 2024 | 11 replies
It's nice to see some more investor's from Delaware on here.
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16 October 2024 | 1 reply
Together they are 0.92 acre, which is a nice size.
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17 October 2024 | 20 replies
A well written management contract should clearly spell out what is expected of both the PMC and the owner, to PROTECT both and avoid misunderstandings.
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16 October 2024 | 1 reply
It’s nice to meet you all, and I’m excited to connect with more people who share similar interests!
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16 October 2024 | 2 replies
You don't want to flip cheap houses so much as you want to buy them cheap in nice areas where you aren't going to have trouble unloading them once the product is finished.