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21 June 2016 | 6 replies
Perhaps you could recommend any investors that could facilitate this transaction.For the past three years I've successfully studied & been involved with over 400 various industries as a designer & marketing consultant.Currently, everywhere you look people are buying and flipping real estate.It seems everyone is buying a home, fixing it up a little, and selling it almost immediately for a sizeable profit.We read about it in newspapers, online, and there were even television shows based on flipping houses.The flipping real estate business model works great.But here’s the good news for you . . .that same business model works in many other areas.You can flip non real estate assets just as easily, maybe easier than flipping houses.You can also use leveraged buy out techniques to alternatively buy & hold already existing businesses similar to properties also.Through the use of transactional funding I've realized that I could borrow a $250,000 swing loan from a bank, give that to the seller in morning.That would make the business mine.Then in the afternoon I could take all the assets that are in the business that I just bought and raise $360,000 (80% of $440,0000) the same day from an asset-based lender.Then I could take $250,000 of the $360,000 and instantly repay the transactional loan.Then, I'll have a $110,000 cash windfall in my bank account, which I could now use to run the business and pay myself a big bonus.The double escrow basically enables someone to do this: I never touch the $250,000 of the down payment monies put into escrow by the lender.The asset-based lender never hands methe $360,000 check.
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12 September 2016 | 2 replies
I hope to have enough success to one day enable my wife to retire early from teaching (such an energy draining profession).
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21 August 2020 | 24 replies
Only the rent boards know when one of the unpermitted units they've enabled to persist burns down.
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4 January 2014 | 8 replies
In my area, most of the properties that I've been looking at don't work out with the numbers for cash flow unless I can get it significantly under market price.I'd encourage you to read the Ultimate Beginner's Guide that Paul pointed out.Also, you can enable alerts and add keywords that you're interested in by going tohttp://www.biggerpockets.com/alertsAnd there's always some great articles at:http://www.biggerpockets.com/renewsblog/
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25 March 2019 | 0 replies
I enabled it but it doesn't seem working.
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25 September 2017 | 27 replies
Newbie question - how could a wifi enabled water detector sensor in the basement that reports to your phone not have helped in this situation?
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30 November 2017 | 12 replies
There's a clause in his contact that enables the deal to be too go past closing of needed
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26 February 2018 | 11 replies
Bi-weekly rent would enable level-loading to help them through the month and paying all of their bills on time.
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19 March 2017 | 4 replies
Just recently they enabled tagging--which is awesome.The way I look at it is this:If it crashes, oh well I can rewrite the message I was in the middle of in like 30 seconds.Ponder this: if you are writing short stories on here, most people will be too lazy and will just gloss over them.
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30 August 2023 | 12 replies
Basements are a key enabler for either one in Atlanta.