Kenneth Jenkins
How to Build a Solid Team When Looking to Scale
3 June 2024 | 3 replies
You can do the math, but assuming it takes 6 months to get your money back you will be floating these types of purchases with cash or hard money loans.
Kristine Dekreon
Doing the footwork in Detroit so that you don’t have to
2 June 2024 | 1 reply
However, they float themselves as income properties.
Sam Dalton
Rent Payment Processing Time
31 May 2024 | 27 replies
Unfortunately @Sam Dalton no such conventional thing exists for same day because the prevailing system is all about the "float".
Tom Jensen
Whole Life Insurance as a Foundation for Real Estate Investing
4 June 2024 | 221 replies
I do this but mostly as a way to float liquidity between investments.Its mostly for investors over 500k net worth as those with less should focus all liquidity to actual investing.
Blake Salisbury
Creative Ideas for 1031 TIC Deal Structures?
30 May 2024 | 3 replies
There are several deals floating around but the one I can give rough details as an example is a commercial builidng where 20% is being put down on a 2.5 million dollar asset between 3 TIC equity/capital investors that are each providing roughly a third of the equity.
Gordon Vaughn
The Best Kept Secret For Bidding On HUD Homes
5 June 2024 | 274 replies
Hi All,There is another thread about this topic floating around that I found super helpful when bidding on a HUD home which I'm currently under contract on.
Rachel Hezel
Hello BiggerPockets! New PRO here
28 May 2024 | 9 replies
I see lots of horror stories in these investing groups but I’m going to continue to float around with an aire of cautious optimism 😅
Jeff S.
Living off rentals
31 May 2024 | 187 replies
It is called barge board because the strucural components are comprised of boards taken from barges that floated down the Mississippi River in the 1800's.
Don Konipol
CREATING a note for 20% + Yield
30 May 2024 | 31 replies
ChatGPT: Write rap lyrics about using a wraparound mortgage in a profitable deal.Got the seller financed, wrapped the old loan,New buyer in place, and the cash is grown,Interest spread wide, I'm collecting the flow,Passive income stream, watch my portfolio grow.Wraparound mortgage, making money stack,Flipping properties quick, never looking back,Profit in my pocket, strategy on track,Real estate mogul, and that's a fact.Analyze the numbers, every move precise,Minimize the risk, maximize the price,Equity's the goal, profit's on the rise,Wraparound mortgage, got me reaching for the skies.From the first payment made to the final note,Wraparound secured, watch the market float,Negotiation skills, deals in the bag,Success in my grasp, wave the victory flag.
Mike Zitomer
Anyone have experience working with Simm Capital?
25 May 2024 | 9 replies
My family bought SFRs in early 80's w mortgage rates >18%, but high inflation drove rents higher than debt expenses so they all cash flowedalso look at USFR, paying 5.37%, holds 8 week Tbill floating rate notes only, not as good obviously as buying Tbill directly at the top of the curve (i bought a 26weeker in late Sept at 5.6%) but much easier to transact, i suspect 10yr will fall over next 2 yrs (FED cycle) then slowly rise over next 30-35yrs (long us debt-deleveraging cycle)