Hugh Springer
Hard Money Financing - Top3 Lessons
8 August 2024 | 1 reply
Have a legal advisor or counsel review your documents before signing.These will make your ultimate exit strategy, post Hard Money financing period, much easier when: - preparing & submitting paperwork for individual tax returns - maintaining the note in good stating with consistent payments & digital payment history paper trail - digital and/or easy access to documentation - preparing for a Re-Fi, Conventional financing, payoff, or even Flip/Sale & deed/title reconveyance to remove the Hard Money Lein holider at the end of the note's term
Guillermo Sanchez
Brandon Turner ODC fund
13 August 2024 | 69 replies
I fully believe that in the end the new capital will save the deal for ODC, they’ll be able to return a small single digit EM to the pref equity holders after 10 years and the original LPs will still lose a portion of our investment.
Dylan Speer
Subject-To Deals Risky?
12 August 2024 | 37 replies
If the seller does a “wrap” mortgage and the wrap is for more than the interest rate on the underlying mortgage, the seller retains the differential as monthly net and may be able to create a note with a high double digit yield.4.
Matthew Drouin
Using your self directed IRA to buy real estate is stupid!
9 August 2024 | 39 replies
Great strategy for the following reasons: passive, secure (low risk) and nice double-digit returns.
Tim Bratton
55+ (senior) parks are a dream investment
6 August 2024 | 0 replies
I built a better website and improved the digital marketing reach.
Andrew James
Carribbean hot spots within the next few years
10 August 2024 | 85 replies
Where your traditional renter was the tourist, you now have the retirees, digital nomads and other work from home crowd to boot.5.
Bhushan Shinkre
Trustworthy Debt Collector in Kansas City area
6 August 2024 | 4 replies
Paystubs only show last 4 digits.
Roy Gottesdiener
All my capital is alllocated - what next and how to keep growing?
8 August 2024 | 29 replies
@Randy Rodenhouse actually all my deals generate double digits CoC, but because they had significant built in equity it looks like the money is not working well enough.
Jeremy Bradshaw
Private money lending, Chicago
5 August 2024 | 7 replies
I just need to find out now if they are "manually" recording or if it digital.
Forest Wu
List of Syndicators/GPs to AVOID?
14 August 2024 | 134 replies
Most investors have not much experience and have ability to do proper due diligence, but...some of the lead in those forum are so good (and way more sophisticated than BP) to do proper DD.Although however I found discussion for CRE that's merely generating 7% income and single digit IRR with high risk of default is going on for very very long time.