Steve Mitrano
Flagstar Bank & LLC Transfer
12 January 2025 | 8 replies
The property is insured on your behalf, personally.
Nate McCarthy
Multi-party investing deal structure for BRRRR/House hack
19 January 2025 | 14 replies
You take your share of distributions if/when there is money to share.And then I go back to the person with money.
Allende Hernandez
Is it legal (or a good idea whatsoever) to reimburse screening fees?
11 January 2025 | 9 replies
Let us know how it goes.I provide my screening criteria on my website, and I encourage applicants to screen themselves before applying so they don't waste my time, their time, or their money.
Zach Howard
Class C: Personal loan for 200k, should I use it for multiple down payments, or...?
9 January 2025 | 44 replies
Your personal loan has a 5 year balloon period.
Mitch Smith
How Tiered Returns Has Helped Us Structure Our Private Lending Deals
17 January 2025 | 3 replies
Encourages Larger Investments: By offering higher returns at higher tiers, you incentivize investors to allocate more capital to your projects.Builds Long-Term Relationships: Investors appreciate being rewarded for deeper commitments, which helps foster trust and repeat business.Scales with Your Business: This structure can align with the complexity or scale of your projects, ensuring that you have the resources you need while staying competitive in the market.Key Benefits to InvestorsSecurity: Deals can be secured by tangible assets, such as a deed of trust or promissory note, providing peace of mind.Flexibility: Payments can be structured to suit the investor’s needs—monthly, quarterly, or upon project completion.Attractive Returns: With returns starting at 15%, investors often see better yields than traditional investment vehicles, like stocks or mutual funds.How We’ve Implemented ThisThis structure works particularly well for our large renovation or development projects where multiple investors may be involved.
Melissa Sejour
How do you research the best areas to invest in?
29 January 2025 | 11 replies
lots can go into this somewhat simple question and most of it is personal preference.- you'll want to define "best", and what that looks like for you as a success.- How much money do you have to spend?
Alice Fairbairn
Maximizing ROI: 3 Key Features to Focus on in Short-Term Rental Properties
14 January 2025 | 9 replies
Personally (as a STR-focused REALTOR), I would never give you numbers and tell you you can hit them.
Pete Resendez
A friend's divorce mediation and a townhouse involved
14 January 2025 | 4 replies
They do not want the other person's name on the deed or the mortgage once the dirvorce is finalized.
Caleb Mesquita
New to Real Estate/Looking to learn
16 January 2025 | 5 replies
Explore my personal favorites, Set For Life by Scott Trench or The Total Money Makeover by Dave Ramsey, for invaluable financial insights.3.
Irina Badal
Living trust/personal residence trust
24 December 2024 | 5 replies
Quote from @Irina Badal: I heard for anonymity purpose it’s advisable to set up a personal residence trust.