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17 January 2025 | 7 replies
Alternatively, if the bank ( assuming there is a bank) is fine with it, you could negotiate a credit and escrow the funds to be released after you do it yourself.
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23 January 2025 | 23 replies
You could look into forming a C Corp as an alternative way to own this property that could affect your tax returns differently, I am not a CPA or giving tax advise.
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14 January 2025 | 4 replies
Proximity to Major Northeastern CitiesBuffalo’s location near major urban centers like New York City and Boston makes it an attractive alternative for buyers seeking more affordable housing without sacrificing access to urban amenities.5.
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16 February 2025 | 44 replies
then collect rent from him, which he doesn't have to agree to and even if he does he may not always pay on time, if his 8.75% interest rate is any indication of his credit score, which it is.I have another alternative.
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20 January 2025 | 31 replies
Over time, I’ve accumulated more cash reserves and don’t need as much flexibility, but I’m actually in the middle of a refinance right now using an interest-only mortgage—because the pricing with the lender and the corresponding ARM is more favorable than a comparable principal-and-interest loan.The key with these alternative or "exotic" mortgage types is that you need to be financially savvy and have a solid plan.
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21 February 2025 | 182 replies
Quote from @Vinod Moorthy: Wagner - you have offered alternative on the 2 properties I had with you which i waited for 2 years and now it is almost another year and there has been no updates from your side or any help to expedite.
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15 February 2025 | 77 replies
Numbers don't lie and in todays world I don't know any investor given the choice who would want there money tied up in a mortgage with this as a viable alternative to have liquid damn cash.
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10 February 2025 | 16 replies
BRRRR is tough, more difficult than advertised, definitely still a viable strategy, just not a 'cash flow' strategy.Yeah I didn't figure it for cashflow, but more of a piecework operation for profit and redeploying ARV equity with some alternative uses for renting if desired.
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9 January 2025 | 16 replies
We estimate the project will take less than 3 months to complete.I’m exploring alternative short-term financing solutions and would appreciate any advice or recommendations on options that might work well for this type of project.Thank you in advance for your insights and assistance!
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18 January 2025 | 8 replies
Alternatively if they all love the deal, that's also likely a good sign.You can get a dog of a property in a crap neighborhood that will yield a 13.6% gross cap (not saying yours is), but that certainly doesn't tell the whole financial picture of how the asset will perform.