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3 October 2024 | 6 replies
I believe an effective approach is to include a seller concession in the purchase contract, specifically as a seller contribution towards the buyer's closing costs.For instance, we had a case with VA buyers where we implemented this strategy, allowing a portion of the loan to be disbursed to them in cash.
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2 October 2024 | 4 replies
A balanced approach might be best: consider contributing to your Roth IRA to ensure you're benefiting from its tax advantages, while also starting small with real estate investments that require minimal capital, such as house hacking or partnering with other investors.
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3 October 2024 | 6 replies
So lower your 401k contribution so you can build up some liquid cash you can use without penalties.
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4 October 2024 | 33 replies
I appreciate your contributions and partnership.
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1 October 2024 | 2 replies
We look forward to your contributions here.
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2 October 2024 | 38 replies
Just to be equally critical of both parties, and make everyone mad, here are two examples: - Imposing tariffs on China absolutely contributes to inflation in many consumer goods. - Giving first time homebuyers $25,000 absolutely contributes to housing price inflationGetting some conservatives running for office to change their mind on the first point ain't gonna happen.
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1 October 2024 | 12 replies
Rehab 20k I funded it.My new client put 10k into the deal I require that when starting out with a new client.sold in 158 days 148k Netted 134k - 80k - 10k ( clients contribution) net profit Net profit 44k Minus my funding fee of 10k and my new client made 34K on a light rehab.
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3 October 2024 | 9 replies
As Gino noted, if you buy a lot in cash, that can often be contributed as equity in the deal for the loan, but depending on the value and LTV ratios including your current mortgages on the existing properties, you may have very little equity available to tap into from a refi/HELOC.It has been a while, but the construction loans I have been quoted have been 80% LTV of after construction value, capped at 80% of actual cost.
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4 October 2024 | 27 replies
That should be contributing towards your income.
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4 October 2024 | 8 replies
It will contribute to the importance of insurance (and contracts).I leased a Panama City, Florida, bay front fixer from a man that lived/worked out of the country.