Clint Miller
Where Do You Find the Funds for the Down Payment?
26 January 2025 | 15 replies
Here are a few strategies to consider for funding a down payment:Partnering: Like Gregory mentioned, finding a partner who can contribute to the down payment in exchange for equity or a profit share is a solid option.HELOC or Cash-Out Refi: If you have equity in your home or another property, a home equity line of credit (HELOC) or cash-out refinance can provide the funds you need.Private Money: Reach out to friends, family, or private investors who may be interested in lending you the down payment with a promissory note.Seller Second: In some cases, the seller might agree to finance a portion of the down payment as a second mortgage.Live Frugally and Save: It takes time, but reducing expenses and setting aside funds from your income is a tried-and-true method.The right approach depends on your situation and deal structure, but a mix of creativity and resourcefulness can go a long way.
Kathy Creighton-Smith
LoanBidz lending reviews
23 January 2025 | 15 replies
If this is your approach, you will end up eventually get a bad taste of the lending industry as a whole.
Louis Hamilton
HELOC Best Option - Rental Property
15 January 2025 | 6 replies
This approach might speed up access to funds without waiting for June.
Gerald Wallace
Car Wash Business Analysis
10 January 2025 | 2 replies
Have you approached the current owner of the car washes to see how much they want in a sale?
Lauren Merendino
Pre retirement Strategy
1 February 2025 | 30 replies
Can try to reposition to Class B, but neighborhood may impede these efforts.Vacancy Est: Historically 10%, but 15-20% should be used to also cover tenant nonpayment, eviction costs & damages.Tenant Pool: majority will have FICO scores of 560-620 (approaching 22% probability of default), many blemishes, but should have no evictions in last 2 years.
Praveen Kumar
Rent to retirement
1 February 2025 | 9 replies
thanks for your time and help rent to retirement works directly with build to rent developers like us around the country once they are framed up. you are buying properties pretty much at market value but with a hand holding. you can work directly with a builder or directly with them. they are just an intermediary. they take 5% on what we make as a builder but have a large list of investors and a systemized approach to selling new builds. if you want to get a better deal I'd recommend directly contacting builders and building it yourself. fly to the market. spend 2 days, tour new builds, get a feeling for how it's going. if your builder isn't building multiple at a time then I wouldn't recommend working with them. rent to retirement is a well oiled and well run machine. they've had their ups and downs with dozens of transactions in florida but modified their process. they are well known and established and transparent. if you have a more specific market and feel confident in your ability to vet deals try it out. happy to talk more my info is in my signature. we work directly with them to sell new builds and no organization is perfect but I have good things to say about them as a builder and potential build to rent developer that sells build to rent triplexes and single family homes through them to end buyers in California like the Bay Area, Los Angeles, and San Diego
Jonathan B.
STR Depreciation/Bonus Depreciation Question
24 January 2025 | 11 replies
We run a free predictive analysis for anyone that wants one to see if it even makes sense for them and approach it in a consultative manner and we welcome our clients to have their CPA's join the conversation.I'm not an expert in this field, yet.
Shiloh Lundahl
Sell me on the benefits of Turnkey Properties
5 February 2025 | 29 replies
It's a passive-aggressive approach, but hey, to each his own.Shiloh, you said you used to be in a mastermind with my brother, Kent.
Tyler Condon
Buying a rental property in Kingman Arizona
13 January 2025 | 5 replies
It's bit of a specialty approach.
Matt Powers
Where to start investing in real estate?
6 February 2025 | 42 replies
@Matt Powers there are endless possibilities and combinations of how you could approach this opportunity.