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10 February 2025 | 59 replies
Although the property is worth way more than the loan we are needing and the secured collateral lien is really a sure safe bet and some easy money for someone willing to take the chance that isn't in it for anything other than to flip their money for profit/wanting to add to their portfolio, this would be an good opportunity for someone just starting out in real estate investment even.
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9 January 2025 | 9 replies
You do that, it's going to be best place to start because I am betting from there you will seek how to simplify things.
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19 January 2025 | 10 replies
Unless you are unknowledgable, my bet is you could make more from rent than sale, and still have the benefits of owning the original home while you go do something else.The 25K you have left in property will be netting you(gross) of $350 mo or 4200 per year.
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8 February 2025 | 22 replies
I bet if converted BACK, it would be 4br+, probably a rather spacious 4br+: - a whole lot easier to rent given much more demand for such vs efficiency or 1brs- no longer competing in any way against apartments- no more utility issues, because tenants cover 100% of there own utilaties- no more headaches of wrangling different persons to play nice togetherAnd on and on and on......
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8 February 2025 | 21 replies
Nowhere in their claim is there any mention of how many people get that list.. so all this does matter.Lastly I am willing to bet there are plenty of people that have send 2K mailers and not gotten any deals... so tha claim truly is factually wrong.So does your plan sound good...In my opinion it doesn't sound good...
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25 January 2025 | 91 replies
Though, it is always better to be "safe than sorry".
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16 January 2025 | 6 replies
Why, because of the main stable coins, it is the only one on of the largest exchanges, Binance, will NOT do a 1:1.So, you're best bets would be those like USDC, TUSD, GUSD, BUSD.
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10 January 2025 | 16 replies
Sounds like I can safely write them off only after I purchase the rental and start the renovations to ultimately rent it out.
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10 January 2025 | 9 replies
The other method is to use a “safe harbor”, i.e., the specific procedures laid out by the SEC in Regulation D.