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13 February 2025 | 5 replies
.): ~$1600Savings available: ~15-20% of the purchase priceCash to close: ~$34kRehab estimate: ~$34kRemaining reserves: ~$20-25kTo fully fund the rehab, I’d need to come up with an additional ~$15k in the short term, which I anticipate paying back quickly once the rental portion is generating income.
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21 February 2025 | 2 replies
I have additional questions but am running short of time drafting this post.
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7 February 2025 | 16 replies
While this can maximize leverage and ROI, challenges include getting lender approval for seller financing, high carrying costs, and the pressure of short-term loans.
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5 February 2025 | 1 reply
They would be resistant to a short sale.
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1 March 2025 | 4 replies
I am on pace to finish the course before the beginning of March and my short term goal is to join a brokerage firm before May.
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21 February 2025 | 22 replies
Some options that might be viable for you include: Private Lenders – Such investors usually offer short-term lending but provide greater flexibility compared to a traditional hard money lender.Lines of Credit – Another alternative could be an excellent option to finance several deals at once using a business line of credit or HELOC (if it applies).
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23 February 2025 | 23 replies
China, Japan & Italy have this problem right now.China is trying to ignore/hide it because their short-sighted 1 child/family policy caused it.
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1 February 2025 | 11 replies
I am from out of state so wanted less maintenance in the short term while I build my portfolio and grow to the point where I am comfortable hiring a manager!
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2 February 2025 | 0 replies
Once the work was complete, I refinanced to pay off the hard money loan and held the property as a long-term asset.This duplex also marked the start of my short-term rental journey—we ran our first Airbnb from one of the apartments before scaling to bigger projects.
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15 February 2025 | 14 replies
A HELOC is a short term debt instrument.