Stacy Banks
business funding funding
13 December 2024 | 6 replies
Also can you list some banks that allow the soft pulls when applying for business products.
Mindy Jensen
Contractors: If I Buy Materials, Do You Still Need a Downpayment?
31 December 2024 | 66 replies
This company was big name, in business for decades, nationwide product, BBB rated, every contractor who uses the product needs to be licensed with the manufacturer so we figured we we would be okay with 1/2 down, 1/2 at completion.
Kevin Akers
Cash-out Refi or Line of Credit
19 December 2024 | 14 replies
Here’s how I’d approach it:For the 9.5% Loan: Refinancing into a DSCR loan makes sense to lock in a lower fixed rate, especially if your goal is stability and better cash flow.For the 7.25% Loan: If the local bank's investment HELOC offers a competitive rate, consider it for flexibility.
Brian Kantor
Any multi-game arcade machines/vendors you'd recommend?
1 January 2025 | 27 replies
The Legends stuff go on sale all the time and are pretty high quality.I have this one at home - https://www.atgames.us/products/legends-gamer-proSurprising quality and you can load a different firmware and have access to over 1000 old arcade games.
Timothy Franklin
STR sub-to/ portfolio
1 January 2025 | 26 replies
As I addressed in another discussion, most money in real estate is made by long term appreciation and by improving, repositioning, and stabilizing the property, NOT thru purchasing at a discounted price.
Thomas Malone
Anyone experienced with Lee Arnold's system
11 January 2025 | 55 replies
The other flag was Lee pitching one product or another every other day!
Brody Veilleux
“BRRRR” a primary residence
23 December 2024 | 24 replies
I remember hard money being needed in some of these situations where long term financing isn’t possible to qualify for the situation for whatever reason and once an investment property is stabilized (you can structure your deal however needed to get funding such as investment property vs primary residence) then you can exit the temporary financing with a refinance.
Dave Allen
If you magically had 100,000 to invest...
15 January 2025 | 24 replies
@Dave AllenRecommend you first figure out the property Class you want to invest in, THEN figure out the corresponding location to invest in.Property Class will typically dictate the Class of tenant you get, which greatly IMPACTS rental income stability and property maintenance/damage by tenants.If you apply Class A assumptions to a Class B or C purchase, your expectations won’t be met and it may be a financial disaster.If you buy/renovate a property in Class D area to Class A standards, what quality of tenant will you get?
Craig Sparling
Who's got metrics for me? GRMs, CAPRates, YOY Growth, Median Income vs median rent
23 December 2024 | 5 replies
It isn't the metric you can talk about on a national scale, but if you keep buying the same product in the same area it is a very easy quick and dirty method to know how you are doing compared to other buys.
Nathan Brooks
New to Richmond
12 December 2024 | 5 replies
Great tools that get updated regularly.I am on the lending side of things and would be happy to hop on a call with you anytime to discuss financial strategies and help answer any questions you may have about nearly any loan product available to help you on your journey, even if they are not products my capital partners offer.We are all here to help you learn and grow.