If you are looking for a more laid back and roundtable type discussion of all things real estate, you are more than welcome to join us every Tuesday morning on Zoom or Thursday morning at Kairos Coffee where we discuss everything from assumable loans, to creative buying strategies, to landlord tenant laws and pretty much everything in between! 

For those who’ve used it, what strategies or sources have worked best for you when covering the difference between your loan and the total project cost?

Exit Strategy: When do you plan to sell the property?

Our strategy is to buy out of shape properties and rehab them back into shape, so a GC with experience in doing extensive renovations at once would be preferred.

Outline a clear exit strategy to meet your long-term goal of retaining the property for cash flow.Work with a CPA to ensure tax efficiency, particularly around depreciation, capital gains, and partnership income.

Does anyone have any advice on a better strategy to earn interest with the cash flow being produced?

I am particularly interested in turnkey properties and single-family rentals, but I am also open to exploring other options, including duplexes and different investment strategies. 

How good of a deal would be needed to make this strategy work? 

I was speaking with a man who has a long history in lending and working for a bank, and he was poking some holes in an investment strategy I was formulating.

Even if someone in these forums were to teach you a creative financing strategy that required zero out of pocket cash and the seller was willing to accept those deal terms, you still aren’t qualified to own real estate with your current balance sheet.