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23 February 2025 | 78 replies
Day care, restaurants, local businesses will all be affected.
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13 February 2025 | 16 replies
As mentioned by @Chris Mason, Bridge Loans: These short-term loans can provide immediate financing until more traditional financing becomes available or until the property stabilizes and becomes more attractive to lenders.Interest rates and stipulations may be a pain.Out of the box here and requires a few more research, SBA Loans: Small Business Administration loans can be an option, especially the SBA 7(a) loan program, which can be used for hotel acquisitions.I heard someone mention - Mezzanine Financing: it involves a combination of debt and equity financing, which might appeal to some investors looking for higher returns.
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12 February 2025 | 27 replies
-Here’s the harsh truth, they didn't want to do business with you.
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17 February 2025 | 1 reply
As of Friday morning, FinCEN has confirmed that businesses are NOT required to file BOI reports while a court injunction remains in place.
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7 February 2025 | 7 replies
If you used them to purchase another rental/ use for another business endeavor...the process starts over.
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11 February 2025 | 2 replies
Also, it can avoid filing an amendment.Another great point on eligibility- SEP IRAs require net self-employment income from activities like 1099 contract work, real estate sales, wholesaling, or other self-employment business income.Passive income as you have highlighted, does not qualify.
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17 February 2025 | 61 replies
What about all the money we spend to build our businesses, run the business and market properties.
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12 February 2025 | 5 replies
I used the proceeds to start my business.
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14 February 2025 | 43 replies
So there are a million realtors, loan originators, accountants (RE is, for most, not complex vs other small business.)
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18 February 2025 | 17 replies
For an SBA hotel loan, the SBA may guarantee say 30% of the loan and a traditional bank takes the next 50%...total LTV/LTC of 80%...will vary by business but it's higher/better than the previous replies (otherwise, you would just get a traditional commercial loan without the SBA involved).