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13 February 2025 | 0 replies
I am the agent and offer on my own deals.
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11 February 2025 | 6 replies
What terms is he offering (monthly payments, amortization, balloon, etc.?
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21 February 2025 | 4 replies
That said, nearly every brokerage offers some type of training/guidance.
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16 January 2025 | 5 replies
i.e. getting outbid on offers, properties become unavailable before you get a chance to see them, etc...You are not alone!
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4 February 2025 | 8 replies
@Michaela Hayes What about these projects would make it compelling for a lender to offer 100% financing?
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18 February 2025 | 4 replies
Here are some financing options to consider:HELOC or Cash-Out Refi on Another Property – If you or your mom have equity elsewhere, this could be a more flexible and lower-interest option.Business Line of Credit – Since the property is in an LLC, you might qualify for a business LOC, which could cover construction costs.Private Money Lender – If you’re okay with 12-15% rates, a private lender could fund this as a short-term loan, especially if the guesthouse will generate strong income.Construction Loan – Some lenders offer short-term construction financing, which converts to a longer-term mortgage once completed.Seller/Partner Financing – Bringing in an investor or structuring a joint venture with someone willing to fund the build in exchange for a share of the income.Credit Card Stacking or Unsecured Business Loans – Riskier but could work if you need to bridge a gap until the unit starts cash flowing.Would love to hear more details—especially your timeline and expected rental income.
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20 February 2025 | 2 replies
It’s a great way to maximize rental income while offering a unique solution to tenants.- Value-Add Investments: Beyond cosmetic upgrades, think about adding amenities like solar panels, EV charging stations, or smart home tech.
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14 February 2025 | 2 replies
I am the agent and offer on my own deals.
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2 February 2025 | 4 replies
Quote from @Benjamin Sanders: Hi all,My wife and I made a last-minute offer on a rental property in New Albany that is in a flood plain.
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6 February 2025 | 7 replies
Here in FL a pool trumps all and having a spa feature built in offers additional ROI.