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Breaking Down How Much Money You Need to Invest in Real Estate
21 October 2024 | 1 reply
This cost is typically 0.5% to 1% of the loan amount.Title search and title insurance: The lender carries out checks to ensure no issues with the property’s title, like a tax lien.
Eric L Conry
Should you sell stocks to pay off a rental early?
19 October 2024 | 15 replies
So I carry effectively 0 debt.
James Park
insurance requirement for commercial tenant
17 October 2024 | 2 replies
If so, what type and amount of coverage do they have carry for them.Secondly, I'd ask an insurance agent I presently use for advice, given your situation.
Andrew Montgomery
What creative financing method would you use in my situation?
20 October 2024 | 14 replies
Andrew, honestly just keep going.You'll be worth 8 figures soon.Not many people love their jobs, but it puts food on the table and you are clearly good at it if you've been doing it so long.Use some extra income to start getting into RE investing.If you get a seller to carry 15% in 2nd position, you just need a 10% down payment.Its tough to do but everything in life takes sacrifice.
Craig S.
Multifamily Construction Cost Projections?
17 October 2024 | 2 replies
Then there are a few more hurdles (and more time & carrying costs) to overcome to obtain final site plan approval.Having finally made it to final site plan approval, there are still the issues you're already familiar with - e.g. which side of bed did the inspector get up on that morning?
Kevin Sobilo
SD Roth IRA Investing In Syndication - Transfer Depreciation?
16 October 2024 | 10 replies
In some cases, folks recognize losses that they can carry forward to offset future gains.
David Hertz
Creative financing strategy
18 October 2024 | 8 replies
The seller is willing to carry, which means, you just need to come in with 10% down.Hope that helped!
Imani Naomi
Where to start - Multi-Family or Single Family Homes?
19 October 2024 | 16 replies
SFH's can carry more risk as you can quickly lose 100% of your revenue if a tenant stops paying, but they also generally come with more tenant stability.
Kent Ford
Is the Texas Housing Market Still a Buyer’s Paradise in 2024?
15 October 2024 | 26 replies
The prices, on the surface, but have to understand the total carrying costs are higher then most other states.
Fergus Cullen
What would you do: Re-financing reno & new construction
15 October 2024 | 2 replies
Add in $20,686 in carrying costs (10 months at $2,298), the all-in cost to date is $658,450.Phase 2 of the project is sub-divide the lot into three lots, and add new duplexes to each of the new lots.