
26 October 2024 | 6 replies
Hi Kyle,This is the most common question I get asked.Don't waste your time because nobody in their right mind is going to fund 100% of your project.In order to get into new deals, build, buy, flip etc. you need to have some skin in the game.A bridge loan to get the cash out of the property on the market is possible, that can then help get you the cash needed and start this new build.

27 October 2024 | 4 replies
Where I live it used to be 30 days - and I didn't think that was enough time for folks living month to month to pull funds together to save up, look for a place, get a deposit and 1st mo's together etc... so I always gave at least 60.

28 October 2024 | 6 replies
I might use the HELOC as an emergency fund knowing if I tap into it I now have to aggressively pay it down.Then main thing is you don't want to overleverage any property and if you use a second mortgage to buy a property, you are essentially 100% leveraged on that property.

29 October 2024 | 9 replies
The IRS has more funding and is beefing up their audits.

23 October 2024 | 7 replies
What MAY make sense is to setup a Master LLC that operates like a PMC and collects all your rents, pays all your property-related expenses, etc.The owner of each property (you, LLC, trust, IRA, ect.) would have to execute a management contract with the Master LLC, so the Master LLC could legally act on behalf of the property owner(s).Check with Account Closed read our

27 October 2024 | 13 replies
For example, I have time, so I can buy a property that cash flows low because I don't need the money today and in 30 years (retirement age), appreciation on rents and loan buydown will fund my future lifestyle.If your goal is cashflow, then you are likely looking at markets that don't appreciate as well.

20 October 2024 | 14 replies
I assume you have already heard, but you can self-direct your retirement funds into real estate.

28 October 2024 | 23 replies
😱If a person closes prior to, they need to hold back a substantial amount of funds in escrow.

25 October 2024 | 66 replies
I provide EMD and transactional Funding.

27 October 2024 | 5 replies
Maybe commit the refinance funds to buying another property at a much rate of return than the loan and your partner will see the benefit in refinancing?