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18 February 2025 | 7 replies
Good cash flow and equity upon completion.
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21 February 2025 | 22 replies
With your considerable experience and, I'm assuming, strong credit score, you would be well-positioned to receive high leverage and low rates from most private lenders.
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19 February 2025 | 5 replies
I joined Pace Morby's Subto and Gator communities and worked on a Subto low equity acquisitions team, where I learned as much as I could and closed on my first few deals.
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16 February 2025 | 9 replies
Although I’m guessing most people in this position would use Wordpress or something more customizable.
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27 January 2025 | 5 replies
One way would be to get the real estate under contract, then bring an experienced partner in who also has access to capital, and stay in the deal as a minority equity partner.
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13 February 2025 | 3 replies
They were not in a position to budge as much as I had liked.
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18 February 2025 | 8 replies
Do they not have any equity?
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23 February 2025 | 7 replies
If you're willing and able, I do recommend the "house hacking" strategy which is just a fancy name for buying a rental property and living in one of the units, because you'll get very favorable financing - an owner-occupied fixed-rate 30-year mortgage.I'd also say, analyze that property as if you won't live there and it's a pure rental, and make sure the property is still cash flow positive if there's a tenant in your unit because then you'll know if it's actually a good investment.And when you analyze it, include payment of a property manager in your #s because if you don't, and doing so would make it go cash flow negative, then you've just bought yourself a job because you literally can't step away from managing it without losing money.
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26 January 2025 | 16 replies
So as @Melanie P. said, any positive cash flow is enough.
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12 February 2025 | 3 replies
Quote from @Jay Hinrichs: thats basic list one can add.Value add / New construction / land entitlements/ Timber / Minerals/ Lendingetc etc.. far more ways to actually make money than just buy and wait for rental income to payoff debtl Good old sweat equity still works ;)