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30 April 2024 | 2 replies
Here are some common financing options:Traditional Mortgage: Obtain financing from banks with a down payment, paying off over time with interest.Hard Money Loans: Short-term loans with higher interest rates, often from private investors, suitable for quick acquisitions or credit-challenged investors.Private Money Lenders: Individuals or groups offering direct loans, with terms negotiated privately.Seller Financing: Buyers make payments directly to sellers over an agreed period, with terms negotiated between parties.Home Equity Line of Credit (HELOC): Borrow against existing property equity with a revolving credit line, typically offering flexibility.Real Estate Crowdfunding: Pool funds with other investors via online platforms for various real estate projects, offering diverse investment opportunities.1031 Exchange: Defer capital gains taxes by reinvesting sale proceeds into similar properties within a specific timeframe, useful for tax optimization.REITs (Real Estate Investment Trusts): Invest indirectly in real estate through publicly traded companies, offering liquidity and diversification.Joint Ventures/Partnerships: Collaborate with other investors to share resources and risks, leveraging each other's strengths for larger projects.Subject To Financing: Buy a property subject to the existing mortgage that's in place on the property (doesn't get paid off when the property sells).Assumable Mortgage: Buy a property and assume the mortgage that the seller already has in place.Lease Option: Rent a property with the option to buy it prior to a later date.Debt Service Credit Ratio (DSCR): A loan approved based on the income potential of the propertyThese options cater to different investor needs, preferences, and financial situations, providing flexibility in real estate investment strategies.Thanks,
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30 April 2024 | 29 replies
Read reviews when buying online.
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29 April 2024 | 64 replies
Nick is doing his Poker U tube channel and not sure what Armando is up to..
2 May 2024 | 41 replies
(And no, he isn't supplying his own paint, I already ran that by him just to make sure that wasn't his methodology).By the way, he mentioned the "new" CSLB limit is $600/materials+labor but when asked for a reference to that, did not furnish anything and I can't find any info online as to that.
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29 April 2024 | 4 replies
I've seen online that the housing market in Dallas is tricky at the moment and that interest rates are expected to remain the same for 2024.
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30 April 2024 | 20 replies
Start by being knowledgeable about real estate investment through blogs, podcasts, online courses, and books.
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29 April 2024 | 4 replies
If the software is not simplifying your life or making you more accurate, you shouldn't use it.Software does have extremely helpful features like online payments, marketing syndication (click a button, and your property is advertised on multiple sites), electronic document review/signing, maintenance tracking, and owner reports.
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29 April 2024 | 4 replies
I’m new to reselling so trying to see what info I can get on line, YT, etc.
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29 April 2024 | 12 replies
(besides online to pay for it)Thx!
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1 May 2024 | 38 replies
The conventional brokerage model is a pre-internet, pre-online tech enabled world.