Taylor Jernigan
Best place to find actual private money lenders and not brokers?
23 January 2025 | 3 replies
Find an older one who'd rather sit back and get the interest than the higher return higher involvement of another flip.
Laurieann Frazier-Duarte
Commercial real estate
19 January 2025 | 0 replies
I realize I am not cut out for the entire REI process of consistently finding multiple properties for particular exit strategies.
Evan Thomas Andriola
Finding tenants in Cleveland
27 January 2025 | 5 replies
If you present the listing well, put it on multiple platforms and are asking a reasonable rent you will get plenty of interest and applications quickly.
Paul Whitney
1031 Cash Flow investor
30 January 2025 | 7 replies
There will be multiple markets you can achieve a 7.5% cap rate especially if you're buying with cash.
Desiree Rejeili
Two Resources That Can Help You Buy a Home Right Now
30 January 2025 | 0 replies
And that’s not a small number.Stackable Benefits: To make it even better, in some cases, you may be able to qualify for multiple programs at once, giving your down payment an even bigger boost.Rob Chrane, CEO of Down Payment Resource confirms a little-known fact:“Some of these programs can be layered.
Maxwell Silva
How do I market myself as a new agent?
25 January 2025 | 26 replies
It typically takes multiple touches to convert a lead into a sale.
Chris Shon
Do I need a Real Estate Tax Accountant?
28 January 2025 | 20 replies
I filled my own taxes for multiple years for multiple LLCs in multiple states.
Anthony Klemm
New to REI, trying to connect with folks
27 January 2025 | 2 replies
At one point years ago, I toyed with the idea of owning giant apartment complexes in multiple cities.
Micah Cook
Going from SFH to MF commercial real estate
30 January 2025 | 4 replies
This allows you to use all of the tax and deferred depreciation recapture to purchase the larger MF propertyA consolidation exchange is where you sell multiple investment properties to purchase a larger and nicer investment property, but you also get the benefit of using all of the tax you would have had to pay to your advantage.
Felicia Vinces
What makes a good seller financed deal?
28 January 2025 | 3 replies
Key Factors for a Good Seller-Financed DealCash Flow: Rental income should exceed monthly payments (PITI) by at least 1.25–1.5x.Purchase Price: Compare to ARV and market value for fair pricing and equity potential.Interest Rate: Aim for competitive rates; higher rates must still allow positive cash flow.Amortization/Balloon Terms: Favor longer amortization and align balloon payments with your exit strategy.Down Payment: Lower upfront costs reduce risk but should meet the seller's expectations.Flexibility: Seek no prepayment penalties and fair late-payment clauses.Property Condition: Ensure the property’s condition matches terms through inspections.Seller Motivation: Assess the seller’s willingness to negotiate favorable terms.Exit Strategy: Have a clear plan for refinancing or payoff at term end.Portfolio Fit: Ensure the deal aligns with your financial goals and risk tolerance.Vetting multiple deals and consulting professionals is crucial to making sound decisions.