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21 January 2025 | 15 replies
As mentioned by @Chris Mason, Bridge Loans: These short-term loans can provide immediate financing until more traditional financing becomes available or until the property stabilizes and becomes more attractive to lenders.Interest rates and stipulations may be a pain.Out of the box here and requires a few more research, SBA Loans: Small Business Administration loans can be an option, especially the SBA 7(a) loan program, which can be used for hotel acquisitions.I heard someone mention - Mezzanine Financing: it involves a combination of debt and equity financing, which might appeal to some investors looking for higher returns.
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24 January 2025 | 42 replies
I'm feeling that I am being milked and preparing to get my attorney involved if we don't settle this soon.
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28 January 2025 | 12 replies
The deal will involve complicated paperwork.
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4 February 2025 | 17 replies
I've seen buyers leave $500k on the table and tell their friends they got a good deal by not having an agent involved.
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19 January 2025 | 27 replies
I involved insurance, remediation, restoration and they all did their part and finished in 2 weeks.
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23 January 2025 | 7 replies
Converting your condo into an investment property and transferring it into an LLC is a smart move for liability protection.You’re correct that retitling the property involves Chicago’s transfer tax, which can be substantial.
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21 January 2025 | 13 replies
@Polat Caglayan The majority of investors who become involved in the section 8 program do so because they purchase lousy real estate and leasing the units to section 8 tenants is the best option on the table.
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12 January 2025 | 23 replies
My involvement would go down drastically to where the only thing I'm doing would be funding the deals.
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2 February 2025 | 178 replies
BBB has them at a D- rating because previous similar bad outcome 3- If you are really in the same boat as us, you need to start a class action lawsuit that involves all the investors in that project and/or sent a complaint to the attorney general in Florida that involves all of us get him to liquidate his assets, pay us back and get him behind bars.
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7 February 2025 | 14 replies
Most lawsuits against landlords involve wrongful eviction, security deposit disputes, and Fair Housing Violations.