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10 February 2025 | 6 replies
You probably don't run many applications, so I wouldn't sweat losing a little money on each one.
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9 February 2025 | 4 replies
The only way I can access is money is through my primary residence and doing a HELOC.
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21 February 2025 | 2 replies
That’s the lowest hanging fruit in my opinion. leverage the lenders money and have great cash on cash returns… move out after a year and then repeat the process.
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21 February 2025 | 4 replies
Currently we do about 10 wires a month, Chase charges $30/wire unless we keep a lot of money in there, which we have been paying.
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5 February 2025 | 5 replies
We're in the business to make money right?
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9 January 2025 | 9 replies
Also, I’m pretty new to this but I’m assuming you’d have to have an LLC in place to accept hard money or money from private lenders?
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7 February 2025 | 10 replies
Raising money is all about marketing and sales (not real estate specific) so either hire marketing agency and read sales books, or hop on some LinkedIn courses on marketing and sales.Not sure the legal structure to use: talk to accountants and attorneys.Need deal flow: talk to brokers and go to a lot of networking events.Lending terms: start calling banks and loan brokers.From there, it is all risk mitigation.
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4 February 2025 | 8 replies
You have 10 new construction projects complete, but no money for the next three, which indicates you aren't financially responsible or your projects aren't producing enough of a profit to propel you forward.
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11 February 2025 | 0 replies
Conventional, after two hard money people fell through How did you add value to the deal?
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6 February 2025 | 9 replies
As you may have found in your search, there are lenders that will lend up to 80% of the appraised value on investment properties and don't require an appraisal.Let me know if you'd like me to point you in the right direction.I have not; I'm still working on acquiring my next house hack, but when I need it, I'll probably use a combo of hard money and margin loan.