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28 January 2025 | 14 replies
There are also 'mezz' lenders (typically for larger transactions) who will cover up to 90% CLTV and require you to bring the remaining equity to the deal, and additionally there is Gap Funding in the form of unsecured personal debt.The latter can potentially be the most expensive option, but allows for true 100% financing as there are no restrictions for how to use these funds, as they are unsecured, and generally obtained through personal credit, income etc (since there is no collateral for obtaining these funds).
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16 January 2025 | 0 replies
I typically focus on off-market deals, so I didn’t work with an agent to find this property.
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15 January 2025 | 1 reply
While these vendors are typically reputable and skilled, you might not get the best price compared to shopping around directly.
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11 January 2025 | 15 replies
So I understand, you are charging the tenants a $145 invoice because the plumber was unable to find anything wrong with the garbage disposal.
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18 January 2025 | 8 replies
Quote from @Ogonna Odo: Small ones will not, they typically like cash or checks.
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31 December 2024 | 8 replies
If additional funds are required or if a professional is unable to resolve the issue, Lula will reach out to you directly.Let me know if you have any questions!
1 January 2025 | 24 replies
@Venecia BaezIf you can invest locally do that if not look elsewhere. 9 times out of 10 when people are stuck and unable to take action I usually see people worrying about things that either won't happen or aren't an issue.
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27 January 2025 | 11 replies
In general in single family zoned areas, JADU typically subtract value (I suspect largely due to the OO requirement).
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8 February 2025 | 7 replies
Typically a solid GP would reach at a 2x multiple in 5 years, taking your 500k to 1MM.
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8 February 2025 | 104 replies
It has to be something the individual wants, and let's face it, that isn't your typical BP investor.