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10 February 2025 | 6 replies
Never fully trust anyone that isn't willing to share the negative aspects of all this.As I'm sure you've experienced, this can be a very rewarding path to take and depending on your grit and determination, overcoming all the pitfalls are well worth the effort.Cheers and drive safe!
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18 February 2025 | 21 replies
If it is your first investment, highly recommend investing locally unless you have people you can trust in those out of state markets.
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23 January 2025 | 3 replies
The property will be strictly for investment purposes, not a primary residence.I’ve been looking into two potential financing options:Hard Money Lenders (HML) – I’m drawn to this option for its speed in closing, but I know the rates can be higher.DSCR Loans – This seems like a great option for long-term rentals, but I’m unsure if it’s the right fit for my auction property since it might need some rehabbing.I’m also considering purchasing through a land trust or an LLC to add a layer of protection and privacy.So, my questions are:What’s the best way to approach financing for auction properties?
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9 February 2025 | 173 replies
I believe everybody has that tendency more or less.I’m not a trusting person at all, but I trusted Roofstock.
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22 January 2025 | 4 replies
If we can complete projects faster, we increase IRR and build trust.3) Market Risk- The longer it takes to complete a project, the more exposed you are to market fluctuations.This goes for all things Real Estate - BRRRRs, Flips, New Builds, Rehabs, etc.Real Estate is a wild ride I feel your pain, I've had this happen many times where the project is twice as long.
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26 January 2025 | 3 replies
.#4 - Have someone local that you trust, go over zoom and get to ask them question.
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4 February 2025 | 7 replies
And then monthly by check or if you don’t trust them certified funds or EFT.
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3 February 2025 | 15 replies
Yes, at first it is hard to find renters but because of my patience, trust, perseverance and dedication, I am now living my best life and living financially free.
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17 February 2025 | 92 replies
And generally were i have seen them used is with free and clear prop not prop with an existing mortgage/trust deed..
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6 February 2025 | 13 replies
Each CPA will answer the questions uniquely based on their interpretation of the tax law as well as your specific scenario, so I highly recommend having a trusted CPA answer this for you.