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10 January 2025 | 3 replies
I would focus on saving enough money that if I had a deal go bad, then that money I saved was there to cover it.
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6 February 2025 | 29 replies
There are tons of hard money lenders out there, my question is why them?
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10 February 2025 | 7 replies
It also takes experience in the asset class that you're raising money on.
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21 February 2025 | 4 replies
Another option is a hard money loan to cover both the purchase and rehab, which can then be refinanced with a DSCR loan once the rehab is complete.
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14 February 2025 | 11 replies
So if you can do just a few deals a year you can be making some extra money, learning, and establishing yourself so that eventually you can easily transition into being full time.
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19 February 2025 | 1 reply
$3000 sounds pretty high to me for the area.Downside is you're renting to someone who can't pay rent...and has money challenges.
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16 February 2025 | 14 replies
You can also hold money for maintenance, capex, taxes, insurance, or other projected expenses.
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11 February 2025 | 4 replies
In certain situations—especially with motivated sellers—this can be a way to structure a deal with little money down and flexible terms.
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21 February 2025 | 4 replies
Generally, these courses and training/coaching/guru programs are not worth the money.
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10 February 2025 | 6 replies
I'm not familiar with Canadian regulations but you should look into how you can get access to money if you don't have any.