
18 October 2024 | 15 replies
Without paying the fees

17 October 2024 | 23 replies
Besides looking at what Airbnb comps are pulling in, backup would be what long terms are pulling in and average selling cost of what the home will be when finished.. anything else I should be plopping at?

17 October 2024 | 16 replies
One lender hit one of my clients that I was doing a JV with... for 800 dollar property tax monitoring fee.. really on a 12 month loan.. but what happens is borrowers just focus on the points with no clue to the junk fee's or using brokers who add fee's and points on top of the actual lenders fee's again bait and switch.

13 October 2024 | 10 replies
Hi everyone, My building (condo high rise) started implementing a fee called "lease fee" two years ago.

18 October 2024 | 1 reply
Know your numbers..REFINANCE - With our no seasoning requirements you can refi and pull cash out once rehab is complete, rather than waiting the typical 6-12 months that most lenders require.REPEAT - Use those cash-out funds to put your money back to work and scale your business.Partner with a lender who understands the needs of BRRRR investors!

18 October 2024 | 7 replies
Also, explain how you'll share the acquisition costs, such as the down payment, renovation, and closing costs.Payment Responsibilities: Explain how to divide and pay for regular costs like mortgage, property taxes, insurance, homeowners association fees (if applicable), and upkeep expenses.Management and Maintenance: Agree on how property maintenance, repairs, and improvements will be handled, including decision-making processes, funding for these activities, and responsibilities for performing or managing the work.Single Decision Point: For example, I've seen situations where one person agreed to replace an appliance while another strongly opposed it.

15 October 2024 | 12 replies
If I am looking to pull money out of a total of 10 properties to make new investments, what are the options here?

18 October 2024 | 2 replies
- What is a standard management fee?

17 October 2024 | 12 replies
So, your comments about possibly taking an upfront $5K "fee" and a backend "cut" are confusing.

18 October 2024 | 1 reply
Lots of wholesellers are just reassigning contract to buy a property to buyers instead for an assignment fee.