
18 February 2025 | 17 replies
The great part about contacting the CDC directly (and a large one such as TMC) is they can make referrals to banks that would be interested in your project (i.e. banks that have been actively doing SBA hotel loans)...rather than you having to chase down the bank first, which can be very difficult.Regular commercial lending requirements are applicable (will vary by bank):1 - no bankruptcies2 - no foreclosures3 - FICO > 7004 - net worth >= loan amount5 - post closing liquidity >= 12 months of P&IIf this works out, you are going to be glad that you made this post.

17 February 2025 | 9 replies
Also, have you looked into self-directed IRAs for real estate investing?

18 February 2025 | 7 replies
I am new to BiggerPockets, so if I am in the prong place please point me in the right direction

10 February 2025 | 6 replies
This will help you close deals faster.Focus on marketing and lead generation to find motivated sellers—direct mail, driving for dollars, and online marketing all work well here.Know your numbers—being able to accurately assess the value of properties and make solid offers is key.Network with other investors and professionals—attend local REI meetups, connect with title companies, and build relationships with hard money lenders.Feel free to reach out if you ever want to chat more or exchange ideas!

19 February 2025 | 9 replies
Won't be using them again on the next flip that's for sure. are you working directly with them or is this a broker who acts as a correspondent lender?

11 February 2025 | 167 replies
The only way I could see it happening is if you deal directly with the owner and they are willing to accept Bitcoin.

12 February 2025 | 5 replies
I would certainly disclose the currently approved special assessments, but since any further financial obligations and project plans have not been voted on by the membership, approved in a budget, or secured in a loan; must I disclose the knowledge that the board is trending in that direction?

13 February 2025 | 15 replies
From there, I try to figure out why this house isn't selling, and if I'm still interested I'll make an offer at a price that works at my numbers.Other than that, yes I think it is a great idea to dig deeper into more creative methods of finding deals - wholesalers, direct mail, door knocking, networking, etc.

15 February 2025 | 8 replies
Direct message me if you need anymore advice would be happy to help!

12 March 2025 | 14 replies
However, you should never just trust information provided by either any platform or the applicant directly.