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21 February 2025 | 12 replies
Happy to share my experience with these strategies.
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19 February 2025 | 1 reply
Thank you for sharing this win @James Cool!
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11 February 2025 | 21 replies
I will post some progress as I get into the renovation after I close and share more numbers of my cost.
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11 February 2025 | 4 replies
You could structure a profit split or equity share where you handle project execution while they bring the funding.
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19 February 2025 | 5 replies
Please share what ever information you have on the opportunity
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17 February 2025 | 7 replies
Looking forward to connecting and sharing my journey!
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17 February 2025 | 4 replies
Great share @Brie Schmidt!
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17 February 2025 | 4 replies
.), and continue to educate myself on NOI, Cap rate, cash-on -cash return etc.BP community, I am open-minded, willing to take initiative, always willing to be taught something new, but also ready to share any experience or knowledge I have that can help someone else.
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18 February 2025 | 6 replies
Finding a true 0% down loan is rare, but if your goal is to invest with minimal capital, a joint venture (JV) partnership might be your best option.In a JV structure, an equity partner can provide the funds in exchange for a larger share of the deal—often 70/30 or 80/20, though terms vary.
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18 February 2025 | 4 replies
Here are some financing options to consider:HELOC or Cash-Out Refi on Another Property – If you or your mom have equity elsewhere, this could be a more flexible and lower-interest option.Business Line of Credit – Since the property is in an LLC, you might qualify for a business LOC, which could cover construction costs.Private Money Lender – If you’re okay with 12-15% rates, a private lender could fund this as a short-term loan, especially if the guesthouse will generate strong income.Construction Loan – Some lenders offer short-term construction financing, which converts to a longer-term mortgage once completed.Seller/Partner Financing – Bringing in an investor or structuring a joint venture with someone willing to fund the build in exchange for a share of the income.Credit Card Stacking or Unsecured Business Loans – Riskier but could work if you need to bridge a gap until the unit starts cash flowing.Would love to hear more details—especially your timeline and expected rental income.