Carolina Solorzano
Anyone investing in STR in Niagara Falls?
14 January 2025 | 17 replies
I've considered areas close to the Falls, but sellers seem to price it a lot higher assuming the buyer can make it up renting it short term.
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.
John Hickey
Long term BRRR in Bed Stuy Brooklyn, NYC John Hickey
28 January 2025 | 71 replies
Came close on two Mexican restaurants but they fell through for one reason or another.
Jack Traffanstedt
Real Estate Investment and Management Concentration
28 January 2025 | 3 replies
I am currently a junior business marketing major with a concentration in professional sales at Samford University.
Danth Aman
Real estate agent is representing buyer and seller. Seller is the real estate agent.
21 January 2025 | 8 replies
For context, I will be assuming his VA loan at 5.1% and he will be doing seller financing for the remaining equity and sale price.
Vanja Dimitrijevic
Cash out refinance primary residence to buy another
8 January 2025 | 8 replies
Make sure you understand the auction process and are prepared for any unseen issues with the property.Auction Considerations: With auctions, pay close attention to the condition of the property, title issues, and financing restrictions.
Travis Mullenix
Aloha Capital Reviews?
31 January 2025 | 28 replies
Sales agent gets slightly more aggressive than I like, but other than that, they seem more trustworthy than other opportunities like this that I come across.
Joshua Tucker
Tax breaks on tribal land
27 January 2025 | 4 replies
Sales Tax Breaks: Construction materials and services may be subject to lower tribal sales taxes—or exempt altogether.4.
Mark S.
American Homeowner Preservation (AHP) Fund
19 January 2025 | 354 replies
You said closing, so the 2018 fund is not closed yet?
Izraul Hidashi
If a Borrowers Promissory Note Funds a Loan Who Is The Creditor?
15 January 2025 | 34 replies
In fact, it's the only thing of value given at closing.