Kyle Shipley
New and eager to learn how to start and scale a RE portfolio
22 January 2025 | 5 replies
I am a 37 year old high school basketball coach that is not very happy with where I am financially and am seeking a way out of living paycheck to paycheck.
Damien Davis
Build to Rent
31 January 2025 | 7 replies
this is what we build and we do it with newbies but make sure you partner with a builder who has experience and a track record.
Franklin Marquette
Hello from LA - Brand New and Eager to Learn
23 January 2025 | 8 replies
Great tools that get updated regularly.I am on the lending side of things and would be happy to hop on a call with you anytime to discuss financial strategies and help answer any questions you may have about nearly any loan product available to help you on your journey, even if they are not products my capital partners offer.We are all here to help you learn and grow.
Augusta Owens
I desire to learn by doing.
29 January 2025 | 2 replies
If you have a business you can grow and get financially rewarded that is higher priority then leaving that.
Hector Lewis
Sell or Continuing Renting out Single Family Home
29 January 2025 | 5 replies
@Hector Lewis - The decision ultimately depends on your current cash reserves relative to your financial needs, as well as your willingness to reinvest for potential appreciation.
Leah Miller
Bank Won't Close Due to FEMA Disaster Designation
29 January 2025 | 24 replies
Still need about 3-4 days for CDs, balancing, docs, funding and recording.
Julie Muse
Brimerage Rd Quick Win: Flipping Success in Windsor, NC!
22 January 2025 | 0 replies
This eliminated any financial burden for Archie Raglin, allowing us to focus entirely on executing a smooth and profitable deal.
Felicia Vinces
What makes a good seller financed deal?
28 January 2025 | 3 replies
Key Factors for a Good Seller-Financed DealCash Flow: Rental income should exceed monthly payments (PITI) by at least 1.25–1.5x.Purchase Price: Compare to ARV and market value for fair pricing and equity potential.Interest Rate: Aim for competitive rates; higher rates must still allow positive cash flow.Amortization/Balloon Terms: Favor longer amortization and align balloon payments with your exit strategy.Down Payment: Lower upfront costs reduce risk but should meet the seller's expectations.Flexibility: Seek no prepayment penalties and fair late-payment clauses.Property Condition: Ensure the property’s condition matches terms through inspections.Seller Motivation: Assess the seller’s willingness to negotiate favorable terms.Exit Strategy: Have a clear plan for refinancing or payoff at term end.Portfolio Fit: Ensure the deal aligns with your financial goals and risk tolerance.Vetting multiple deals and consulting professionals is crucial to making sound decisions.
Joshua Giles
new to the community
22 January 2025 | 9 replies
Great tools that get updated regularly.I am on the lending side of things and would be happy to hop on a call with you anytime to discuss financial strategies and help answer any questions you may have about nearly any loan product available to help you on your journey, even if they are not products my capital partners offer.We are all here to help you learn and grow.
Stacy Fowler
New multi-family property owner
21 January 2025 | 1 reply
If you need financial help, ask under the "Finance, Tax, and Legal" forum.