![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/576556/small_1621492967-avatar-joea53.jpg?twic=v1/output=image&v=2)
11 January 2025 | 420 replies
Doing this results in a reduction of the effective amortization to 17.08 years (205 months).
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/2532374/small_1736815096-avatar-laurenr143.jpg?twic=v1/output=image&v=2)
7 January 2025 | 5 replies
Several of the contractors offer helical piers but don’t seem to think they’d be a more cost effective option - we can directly ask about this again.
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/2885953/small_1723578928-avatar-kylec613.jpg?twic=v1/output=image&v=2)
4 January 2025 | 2 replies
What are the most effective ways to exit an investment?
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/2617048/small_1680898564-avatar-lorenzol15.jpg?twic=v1/output=image&v=2)
15 January 2025 | 39 replies
Can waste a ton of time, money, and effort on this which could be used more effectively evaluating deals, strategies, and markets where you can find returns.Good luck and feel free to connect if you'd like to chat more about it!
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/1587442/small_1732761074-avatar-andrews796.jpg?twic=v1/output=image&v=2)
4 January 2025 | 4 replies
There’s normally action items that can be implemented into your management process that are more effective.
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/1435024/small_1659703854-avatar-samh180.jpg?twic=v1/output=image&v=2)
5 January 2025 | 5 replies
Having watched many prior co-workers get paid, cash their check at the casino, and promptly deposit it all into a slot machine I can tell you with pretty good certainty that casinos don't have a positive effect on disposable income and good use of the existing income in the area surrounding :)Are there solid local employers OTHER than the casino in a 15-minute drive?
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/2671479/small_1728649069-avatar-grahaml16.jpg?twic=v1/output=image&v=2)
4 January 2025 | 1 reply
Here is some key information:Property recently hit the market and has 2 cash offers alreadyThe seller provided a pre-inspection report, which I shared with 2 different lenders, both think it may fail conventional financing due to potential structural and electrical issues (realtor thinks it could pass conventional)Seller has 100% equity but is behind on other payments (not sure of the urgency money is needed)This is my first attempt at an “investment” property so I’m new to thisI see 3 optionsMove forward with an offer using conventional loan pre-qualification-Not as attractive of an offer to the seller-Possibility that appraiser calls out structural/electrical issues that need to be fixed before closing, effectively causing financing to fail- Best terms and fewest loan fees for meUse a rehab style loan such as ChoiceRenovation-Even less attractive than a conventional offer to seller, but less risk of failed financing if appraiser calls out issues-Slightly worse fees and interest rates compared to conventional-Lenders tell me possibly up to 60-90 days closing in some cases, with red-tape for contractor requirements and draw schedules (sounds like the most hoops to jump through during rehab)Use a hard money lender-Most attractive loan option I can give to seller so I can compete-Much higher fees and interest rate for me-need to refinance into a conventional at the end of rehab (not familiar with seasoning periods but I think this is a factor as well)Which option would you do?
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/3114869/small_1725675424-avatar-daltonf24.jpg?twic=v1/output=image&v=2)
13 January 2025 | 21 replies
If you have the time to devote to it, direct to seller methods can be very effective, but will take ultra-patience and intensive work.
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/3073156/small_1722876065-avatar-jaredm331.jpg?twic=v1/output=image&v=2)
6 January 2025 | 1 reply
Even then its often more cost effective to work more with what you have.
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/396156/small_1626509275-avatar-basits.jpg?twic=v1/output=image&v=2)
23 January 2025 | 31 replies
For instance, structuring investments through a European company that acts as the buyer of the properties and handles renovations could be an effective solution.