Cole Starin
Six Unit Multi-Family BRRRR
24 January 2025 | 8 replies
Ive found 30 amortization has become more accessible since the pandemic in commercial loans.
Ken M.
Creative Financing and Some Things To Know
13 January 2025 | 1 reply
My humble advice to anyone attempting to do creative finance is:Creative finance is for experienced investors who have access to capital if anything goes wrong.Learn the lawsDon't use a contract "off the internet", laws vary by state and are also regulated on a federal levelLearn the financing techniques correctlyDon’t skip parts of the processDon’t ever do a “kitchen table” closingUse the proper deedAn attorney can help you with the legal work, but the rest you are on your ownYour guru will not bail you out“Investing” in someone else’s deal by providing a small 2nd loan so the “investor” can pay for “cash to the seller” and for “closing costs” so he can do the deal is a very bad planKnow what problems can ariseLearn the responses and solutions to problems before they are neededKnow everything there is to know about Title and what that meansKnow who a "protected class" individual isLearn the "back doors"Learn human natureUnderstand timelinesUnderstand regulation enforcement (some of these "mistakes" have a 10 year statue of limitations ( they can charge you 10 years AFTER you do the transaction) and carry hefty fines and possible imprisonmentThe court doesn't accept "I didn't know" for an answer"Know that the source of the lead plays a serious role in some states and federallyKnow how much of a "profit" pushes the boundaries to invite an investigationYou can be sued by the seller if you don’t do things correctlyYou are automatically at fault if an investigator or attorney or regulator gets involved.
Mark S.
American Homeowner Preservation (AHP) Fund
19 January 2025 | 354 replies
Since the pandemic has are there slowed or stopped the judicial system in most States we are postponing most of our foreclosure activities.
Eli Edwards
Course feedback or insight from Vetted Homes
19 January 2025 | 7 replies
@Sofia Komrskova The biggest selling point for me is access to the existing network of IMTR relocation specialists which would take years to build up on my own and I have had zero luck on BP getting any feedback specifically for relocation specialists.
Don Konipol
What Does it Take to Achieve the Dream of Full Time Real Estate Investor?
20 January 2025 | 1 reply
A break even into a profit, and a profit into a windfall. 3- Capital - I used to state this as access to capital, back when the rules were loser, the regulations less onerous, and information less readily available.
Jordan Meltzer
Where to invest my cashflow?
21 January 2025 | 9 replies
I have access to see properties on market with assumable mortgages for FHA.
Sam Spoerl
Marketing Strategies for Wholesaling
9 January 2025 | 1 reply
I was wondering if most wholesalers have stopped using direct mail and just moved to google/facebook to find deals?
Ryan Mcpherson
Rent out house and bleed for a while or sell it and hemorrhage once?
16 January 2025 | 23 replies
If they stop paying, I foreclose, but still keep making my payment to the underlying lender.
Tyler Koller
Baselane Vs Stessa
16 January 2025 | 31 replies
Yes the Class feature Cost a bit extra which is a bummer bet the support for it is amazing, and it is easy to allow access for Tax Accountants to pull the reports they need rather than my clients playing middleman.
Michael Lam
Advice on investing in small multifamily rental properties in Cleveland Ohio?
30 January 2025 | 32 replies
I strongly suggest you stop, and get a team around you, or it will not end well.