Max Nathan
How do I secure lending on down payment / construction costs
17 December 2024 | 7 replies
As someone who deals and talks to real Private Lenders (small shops run by a guy who lends his own capital and doesn't use big box), they have a hard and fast business model that produces the rate of return they need to remain profitable and curb the risk on their cash.So the best product for a budding fix and flip investor is the bridge loan which includes acquisition money and construction money.
Jason Malabute
HAVE YOU INVESTED WITH BAM CAPITAL?
3 January 2025 | 42 replies
I hope all works out the best for you, but I cannot and will not allow unproved endorsements of these deals remain unchallenged.
Brett Jurgens
Best way to use built up equity?
22 December 2024 | 23 replies
Choose a HELOC if the property is appreciating and cash flow remains strong, or a 1031 if you want to diversify or upgrade assets.This post does not create a CPA-Client relationship.
Jennifer Fernéz
Let's say you have $80K in your savings account...
19 December 2024 | 82 replies
Business credit doesn’t affect your personal credit score dramatically, and you’ll have significantly more capital to work with.3.Use Portfolio Lenders: Portfolio lenders often require just a 20% down payment and will provide the remaining 80% for your property investment.
Peter Albert
Canton Ohio a good area for investing ?
19 December 2024 | 21 replies
I don't believe that will change as long as the school system and public safety levels remain some of the worst in the state.
Joel Oh
Focus on one platform
2 January 2025 | 50 replies
There are too many variables that would go into that algorithm to get a handle on it without actually seeing it.The bottom line is that a good owner can remain in the top of the rankings on both platforms.
Dalton O'Rourke
Help with understanding refinancing and going forward.
13 December 2024 | 2 replies
That will pay off the remaining $360 mortgage and reimburse your rehab and closing costs.
Sunil Kale
Missed 11 month warranty - no communication from tenant
16 December 2024 | 19 replies
You may consider terminating the lease depending on how much time remains, your skills, the legal system, and other factors.Based on what you've said, I am concerned there's someone else occupying the home or something else is going on.
Jonathan Cooper
Prorated depreciation for str
11 December 2024 | 16 replies
The remaining 40% has to be prorated.If you are not working with an accountant focused on real estate and you are focused on real estate, it may not be a good fit.
Lj Cal
Keep current low interest rate with a new mortgage
15 December 2024 | 7 replies
For example:existing mortgage: $50kcurrent rate: 3%home value: $200knew mortgage rate: 6%Can I take over the $50k at 3%, then get a new mortgage for the remaining $150k at 6%?