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29 December 2024 | 23 replies
Is there a reason why you are set on a traditional duplex?
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19 December 2024 | 10 replies
One of the biggest risks I observe with flips and first time investors are instances where the project goes over budget or gets stuck in mud, can't sell and even worse the borrower doesn't have the credit profile to refinance out to a lower interest lending source if borrower is required to hold the property as a rental.
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10 February 2025 | 120 replies
Yes, it looks cool on Instagram and sells a lot of memberships but you get in the group and find many reasons to focus on more traditional strategies right away.
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27 December 2024 | 2 replies
But I’ve never personally invested in real estate using business credit more traditional for my first property, so I’m always curious when clients say they want to use this funding for a real estate deal.Here’s where I get stuck:Real estate deals can be risky, especially if the project takes longer than 12 months to close or unexpected costs pop up.With prices climbing, it feels like the margin for error is smaller than ever.Would you recommend someone use business credit to invest in real estate?
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30 January 2025 | 62 replies
Anything else is going to devolve pretty fast into the mud.
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20 January 2025 | 37 replies
Enjoyed it but no way can you get to 1,000 of acres in traditional sense.
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24 December 2024 | 3 replies
While traditional loans might be tough with current interest rates and no W2s, there are definitely creative financing options and strategies to consider.One possibility is exploring seller financing.
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31 December 2024 | 13 replies
If your project qualifies for EPP (Express Permit Program), then you don’t have to secure permits in the traditional way.
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1 January 2025 | 12 replies
I was looking for partners in my network who wanted to JV on this property, but they wanted to know for certain that the title was clear since it was through a wholesaler and not "traditionally" through a realtor.
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23 December 2024 | 13 replies
Quote from @Henry Clark: Quote from @Jake Andronico: Quote from @Arn Cenedella: @Jake AndronicoI’ve looked into them but have never executed one.Let me say they will be expensive and complicated.I think what you will find if one is trying to defer $50,000 to $100,000 in gain, it’s not going to be worth the time and trouble.On the other hand, if client is trying to defer gain of $500,000 to $1,000,000, it’s worth the time and trouble.I use First American Exchange for my own account a dozen times and they have been right on the money.Google them and reach out.ArnIt's definitely more expensive than a traditional 1031 exchange, but being able to secure properties upfront can be super convenient.