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28 January 2025 | 4 replies
However, I do have a lender that can conduct an entity transfer with a commercial loan from 2 units and up.
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8 January 2025 | 8 replies
It's worth comparing terms between your current lender and others to see who offers the best deal in terms of rates and fees.Purchasing a Property: Whether you purchase through regular listings, an agent, or an auction depends on your risk tolerance and expertise.
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4 February 2025 | 10 replies
Many times a lender buys a property back at a sheriff's sale/auction where they are selling properties as part of a foreclosure.
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6 February 2025 | 2 replies
There are limited exemptions such as if you inherited the property where it would be allowed.There are technical means to navigate the 90 day rule but your best bet by far is to talk to the lender and let them know the situation and ask for their direct guidance.
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11 February 2025 | 2 replies
I can share more details about how I got the business credit card and the hard lender I used if you want.
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6 February 2025 | 19 replies
MD is bad compared to Ohio where piercing the corporate veil is a myth - applicable only where the owner (even 100%) has committed a crime or fraud.
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10 February 2025 | 0 replies
While we currently live in Stephens City, VA, we’re open to investing in other states where the numbers make sense.Real Estate Goals & StrategyInvestment Focus: Buy-and-hold rentals, short-term rentals, and potential multifamily propertiesMarkets of Interest: Open to investing outside of Virginia in cash-flowing, landlord-friendly marketsCurrent Stage: Learning, networking, and preparing for our first investment propertyLong-Term Vision: Build a diversified rental portfolio that provides financial freedom and generational wealthWhy I’m HereNetworking: Connecting with experienced investors, agents, lenders, and property managersLearning: Gaining insights from those who’ve built successful portfoliosCollaborating: Open to partnerships, joint ventures, and creative financing strategiesWith my sales background, I understand the importance of negotiation, deal-making, and relationship-building—all of which I plan to leverage in real estate.
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28 January 2025 | 3 replies
See my video on this for more info.Did you work with any real estate professionals (agents, lenders, etc.) that you'd recommend to others?
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1 February 2025 | 2 replies
@Kwanza P.Here you can learn more about non-recourse loans:https://www.biggerpockets.com/member-blogs/2810/46115-real-e...Here is a list of lenders offering non-recourse financing to Solo 401k:https://www.biggerpockets.com/member-blogs/2810/50272-list-o...You protect your property by purchasing insurance.
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27 January 2025 | 35 replies
When I ran the numbers compared to US real estate, the added leverage potential here meant that it was not worth the additional hassle to continue investigating Dubai.