Brian S.
My first Cash out Refit :P
23 August 2022 | 5 replies
I/we have owned for 4 yrs now, and as I've gradually increased rents and thus NOI, the property value has increased significantly (also compressed cap rates where i'm at), and my partner is seeking a buyout, which I'm game for.Applying for a refi, and just now got the proposed terms: 1.2M Loan at 7% for 5yr term/30yr amortized.. sheesh..My thoughts: I really want to get liquidity/equity out, which in this case I can get out a good 350k at least, as there's "blood in the streets" across many investing asset classes, and I believe I can get amazing entries/returns over the next 24 months, and definitely/easily "beat" the 7% cost of money here for this loan, BUT 7%, dang, that's highest loan I've ever signed for by far..Anywho, not seeking an "answer" but more or less some thoughts, a "what would you do?"
Hasan Hamdan
Investors who try to steal your deal/seller
21 September 2015 | 12 replies
Doing this, and you cut out your business' blood line (unless you can find & offer really good deals that investors are willing to bend over backward to get the deals from you) .
Matt R.
Initial Cash Flow vs Long Term Cash Flow - The real truth
19 March 2015 | 24 replies
Buy when fear is rampant and blood is in the street.
Michael Shuster
Why The Rich Get Richer - They Buy Low-Sell High!
8 June 2009 | 35 replies
When I was going to school they never taught us money management or wealth building in fact a lot of schools don't which sucks because that is why most are bred in the low to middle class because the lack of education on money management and wealth creation so we learn from what was taught from our blood which was taught by their blood it's a vicious cycle(of course my parents tried to teach me money management but being young and stupid I always spent it wish I had learned from them early on)
Scott T.
The Legality of REIs Paying a Finders Fee to a Realtors, etc. ???
15 April 2018 | 27 replies
However I knoweth NOT what blood oaths of secrecy, the entrusted 'agent' is dutifully bound by!?
Wade Sikkink
Renting to a felon
16 November 2016 | 33 replies
Where we don't think that a child watching blood and gore and killings on tv is better than watching some sexual content on tv.
Nicholas S.
SEO Advice
6 January 2017 | 8 replies
They want to deal with a person, not some faceless machine that requires an email and a pint of blood to get any information.
Benjamin Barredo
Why are people such flakes? Why use a mentor?
20 October 2016 | 31 replies
I got an invite to join the KnoxREIA where I will learn and connect with flesh and blood people.
Robin Cornacchio
Self -Directed IRA fees
23 January 2017 | 10 replies
For now I plan to Sell and save in Dollars and wait to Buy, "When there is Blood in the Streets."
Carolyn Morales
Can a " Wholesaler" be a crook with a contract?
15 February 2016 | 64 replies
You may spend a lot of blood, sweat and tears getting there and the transaction still doesn't close.