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.
Stacy Fowler
New multi-family property owner
21 January 2025 | 1 reply
We don't allow any "deal-making" in the forums, which includes advertising your services or properties, looking for partners, etc.
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.
Chris Clarkson
Selling business/building and want to reinvest into real estate
17 January 2025 | 11 replies
A 1031 exchange will allow you to sell your building and use the proceeds to invest in a small multi family and/or medium term rentals.
Megan Herrington
CPA Recommendation in ID
2 January 2025 | 6 replies
A good real estate accountant can save you thousands of dollars by leveraging entity selection and formation, tax deductions, cost segregations, bonus depreciation and tax planning.I recommend finding an accountant who specializes in real estate taxation, business taxation, financial planning and tax planning.You may want to consider working with your accountant remotely to expand your options.I would also recommend looking for a accountant willing to work with you throughout the year.
Niranjan Sathish
Lancaster City - Short term rental investment advise
14 January 2025 | 5 replies
That will allow you to better place your money in areas you know can succeed whether it be in the arbitrage or ownership space.
Stephanie Medina
Is it a bad idea to convert this LTR into a STR?
26 January 2025 | 17 replies
Quote from @Anil Shah: Since I read a townhome, I assume there is HOA - do they allow STRs?
Ram Gonzales
Creating a debt fund for owner finance strategy
15 January 2025 | 29 replies
Pooling the funds together allows me to maximize every investor dollar and minimize idle cash.
Mike Levene
House Hacking In Expensive Markets
16 January 2025 | 23 replies
.- Many of these HCOL areas also have strict limitations on AirBnB or short-term rentals... that do not apply to owner-occupants - thus allowing for extreme cashflow potential for house-hackers.
Jose Mejia
refinancing a property from hard money lender
19 January 2025 | 15 replies
If a cash out refinance, many lenders will allow the cash out to satisfy the reserves requirement.DSCR lenders generally let you vest either individually or as an LLC.