Rod Merriweather
Trying to Scale- Lending Help Needed
26 November 2024 | 17 replies
Banks like to match short term assets with short term liabilities, and vice versa.I don't believe that DSCR loans are "expensive", but they do require a more thorough underwriting and higher amount of financial documentation other private and hard money loans.It generally helps to have a Fractional CFO or Loan Consultant (not a broker) that will work on your behalf to negotiate better DSCR terms and rates.
Anish Koshy
New and exploring Syndications
25 November 2024 | 12 replies
So a operator/sponsor that looks fantastic to one will look terrible to another and vice versa.As an example, I'm a conservative investor and might see 100 deals a month and at the end of the deal only invest in 4-6.
Jessica Howell
Funding LLC's, deposits and draws
19 November 2024 | 12 replies
You can always withdraw money from your personal to LLC or vice versa, however, it's important to draft an agreement by calling it "letter of advancement" so it can be documented when you advance/lend money to your LLC or retrieve money from your LLC to your company for legal and auditing protection.
Matt R.
Bitcoin is 10k again what are you going to do now?
5 December 2024 | 554 replies
- The New York Times (nytimes.com)Given this reality, the bluntness of a recent speech on crypto regulation by Lael Brainard, the Fed vice chair, is almost shocking.True, Brainard didn’t go as far as Jim Chanos, the famous short-seller, who called crypto a “predatory junkyard.”
Jay Hinrichs
How U.S. can lower housing prices? And Could Trump look at Broker model as Broken?
20 November 2024 | 45 replies
I've seen lenders have higher rates than brokers, vice versa.
Dongzi Wu
Outstanding Real Estate Solutions Scam (ORES)
28 November 2024 | 184 replies
Tosta is the former Vice President of Sales for ORES and was responsible for bringing in investors.
Orlando Kell
What is proper order of rehab work?
11 November 2024 | 36 replies
Once those are complete, rough plumbing, electrical and mechanicals can be started (rough plumbing should go first, then mechanicals as these are the larger sized items and rough electrical is easier to work around them than vice versa.
Luis Puente
Is really worth it to get my real estate license?
14 November 2024 | 9 replies
If anything else, being a side hustle investor helped me be a better agent, not vice versa.All that said - start with your short, medium, and long-term goals, map it out and then take action based on that!
Will Gaston
Nearing 1,000 College Student Tenants: Here's what I've Learned
21 November 2024 | 305 replies
@Tim Simmons No, we don't typically give the house captain a discount, but we've started to give them some type of gift card if they're doing a good job communicating.