
13 January 2025 | 1 reply
My humble advice to anyone attempting to do creative finance is:Creative finance is for experienced investors who have access to capital if anything goes wrong.Learn the lawsDon't use a contract "off the internet", laws vary by state and are also regulated on a federal levelLearn the financing techniques correctlyDon’t skip parts of the processDon’t ever do a “kitchen table” closingUse the proper deedAn attorney can help you with the legal work, but the rest you are on your ownYour guru will not bail you out“Investing” in someone else’s deal by providing a small 2nd loan so the “investor” can pay for “cash to the seller” and for “closing costs” so he can do the deal is a very bad planKnow what problems can ariseLearn the responses and solutions to problems before they are neededKnow everything there is to know about Title and what that meansKnow who a "protected class" individual isLearn the "back doors"Learn human natureUnderstand timelinesUnderstand regulation enforcement (some of these "mistakes" have a 10 year statue of limitations ( they can charge you 10 years AFTER you do the transaction) and carry hefty fines and possible imprisonmentThe court doesn't accept "I didn't know" for an answer"Know that the source of the lead plays a serious role in some states and federallyKnow how much of a "profit" pushes the boundaries to invite an investigationYou can be sued by the seller if you don’t do things correctlyYou are automatically at fault if an investigator or attorney or regulator gets involved.

3 February 2025 | 37 replies
Some other other options to consider that may be easier, would be these: 1) Take your $840k and have a money manager at Vanguard, Fidelity or Schwab invest it in individual bonds at a 4-5% return.

12 January 2025 | 20 replies
It forced me to reach out to developers, to engineers dozens of local builders and most important like minded individuals.

20 January 2025 | 23 replies
If a cash out refinance, many lenders will allow the cash out to satisfy the reserves requirement.DSCR lenders generally let you vest either individually or as an LLC.

21 February 2025 | 250 replies
The only who ever entertain such with any form of a smile is those truly without comprehension of it's impact and livability.

13 January 2025 | 2 replies
Seems like there are a lot of individuals in this boat - especially in my sons line of work - which is lighting and tech for special events and music tours.

15 January 2025 | 9 replies
Hello, my name is Marshal, and I’m excited to connect with this community of like-minded individuals passionate about real estate.

16 January 2025 | 7 replies
In a 1031 exchange, does the replacement property need to be more valuable than the total sale price of the deal I sold (including other investors), or just my individual portion of the investment?

9 January 2025 | 8 replies
What is the recourse for the tenant who signed the lease under each individuals name?

13 January 2025 | 12 replies
Personally, I airbnb half of my house, individual rooms, and stay nearly 100% booked.