Dalton Foote
Value Add MultiFamily
13 January 2025 | 21 replies
Hey @Dalton Foote - I highly suggest using a renovation loan and house hacking a multi-family if that is possible with your current life circumstances.The 203k and homestyle renovation loans are just amazing products and drastically help you reduce your risk, in my opinion, because you are able to leverage the cost of the entire renovation with such a low down payment loan.We work with a lot of clients who use these products in Chicago, and no matter what, in the long term, they gain great equity.If you aren't able to house hack - the process is essentially the same, but just with more money down with hard money or conventional construction loan.
Marcus Stokes
fix and Flip
18 January 2025 | 21 replies
However, if you intend to work with a hard money lender or utilize a short-term loan product, you're on the clock for repayment, which can be stressful if things go sideways.
Bruce M.
Large RV or Boat - Tax incentives, Tax strategies
13 January 2025 | 7 replies
Looking for various tax strategies to reduce the reality that a large RV or boat is a grossly depreciating assetI would not have a loan, so claiming it as a primary or secondary residence and claiming the mortgage deduction is not applicable.I sold my primary residence and I have several rental properties which I use as I'm fixing them up.What I'm pondering is living aboard and working aboard developing a new product, while traveling.
Taylor Jernigan
Looking to Connect with Private Real Estate Lenders – Any Recommendations?
6 January 2025 | 3 replies
Seems doable, depending on a few factors will determine what the right product is for you.
Jason Khoury
Purchasing Vacant Home from Non-Profit
12 January 2025 | 6 replies
I’d love to discuss how I could help the organization by purchasing it and restoring it to productive use.”Request a Meeting: Ask for a meeting with the person or committee responsible for property management.
Christin Milton
Hello Real Estate Family!
3 January 2025 | 7 replies
I'd love to connect and see what products you have to offer.Cheers!
Mitch Smith
What we have learned from flipping homes in the San Diego market.
10 January 2025 | 8 replies
Our agents want to work with us because they see the value of being part of a high-producing renovation company.
Sundone Boutvyseth
First investment property for less than 10% down
31 January 2025 | 22 replies
The only product I have seen is the MACU 10% for a non owner occupied.
David Cherkowsky
House Hacking with Basement Airbnb in Old Town Alexandria
2 January 2025 | 9 replies
STRs generally produce more income than LTRs, but they are more work.
Ashley Wilson
Pros and Cons of Joining a Coaching Program
27 January 2025 | 29 replies
If I weren’t selling an SEO product, it might have been perfectly acceptable to share these golden nuggets freely.