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7 February 2025 | 14 replies
I think you need to treat those 2-4 buildings almost like larger building looking for upside in rents and/or reductions in expenses in order to get it to cash flow.
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7 February 2025 | 10 replies
Now that the property has been renovated, I have recently been applying my efforts toward starting a syndication to scale up to the purchase of larger properties.
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28 January 2025 | 13 replies
I would suggest going to independent landlords and staying away from larger apartment complexes.
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18 January 2025 | 8 replies
Some of the larger companies will take them, but they often charge a fee.
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22 January 2025 | 39 replies
It doesn't care if it's day or night, or whether you have low voltage task lighting or office lights.
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28 January 2025 | 14 replies
There are also 'mezz' lenders (typically for larger transactions) who will cover up to 90% CLTV and require you to bring the remaining equity to the deal, and additionally there is Gap Funding in the form of unsecured personal debt.The latter can potentially be the most expensive option, but allows for true 100% financing as there are no restrictions for how to use these funds, as they are unsecured, and generally obtained through personal credit, income etc (since there is no collateral for obtaining these funds).
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25 January 2025 | 26 replies
The checks tend to be much,much larger as well.
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4 February 2025 | 12 replies
Renting could allow you to focus on paying down debt and saving for a larger down payment, while buying now could help you start building equity or even generate passive income through house hacking.
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25 January 2025 | 91 replies
My accountant wants me to start doing this in the event of an audit being I’m starting larger projects and will be implementing cost segregation Thanks
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23 January 2025 | 10 replies
Ideally, this would be just one step in a larger plan to grow into multiple rental units over time.