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21 January 2025 | 35 replies
It does sound to me that a lot of that work should have come out of the tenants security deposit
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27 January 2025 | 4 replies
It is the interest rates at which banks lend to each other and is short for Secured Overnight Financing Rate.
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18 January 2025 | 9 replies
I understand this is a good way to become financially secure over time and am eager to start.
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18 February 2025 | 14 replies
(Social security, pension, 401k, etc)It is hard to retire on $350,000 of net worth.Even if that is generating 10% cash flow, you are talking maybe $35,000 which is $17,500 for each person.I personally like the idea of seller financing a home at that point, potentially exclude the gain on sale if it was their personal residence and get a nice interest return.If the house is big, it also allows them to downsize the home when they look for something to rent.
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28 January 2025 | 15 replies
However, I find myself uncertain about how to structure such deals and whether I could successfully secure them.I was wondering if you could offer any recommendations for educational resources that might help me better understand and navigate the intricacies of creative finance and seller finance deals.
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12 February 2025 | 19 replies
Security deposits have to be held in an escrow account disclosed to the real estate commission which requires a yearly report and all leases need to disclose your license information.
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22 January 2025 | 0 replies
Leveraging our market connections, we identified the property’s potential and negotiated favorable terms directly with the seller, securing it at a highly competitive price.
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20 February 2025 | 19 replies
I was thinking more of like either refinancing my current VA loan or getting a HELOC and using the equity I have to acquire rentals and potentially doing the BRRRR method to recoup my initial investment.
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4 January 2025 | 7 replies
Now, over a year and a half later, he sent a certified letter last week demanding the security deposit or legal action within 30 days.Please advise.
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17 January 2025 | 3 replies
Encourages Larger Investments: By offering higher returns at higher tiers, you incentivize investors to allocate more capital to your projects.Builds Long-Term Relationships: Investors appreciate being rewarded for deeper commitments, which helps foster trust and repeat business.Scales with Your Business: This structure can align with the complexity or scale of your projects, ensuring that you have the resources you need while staying competitive in the market.Key Benefits to InvestorsSecurity: Deals can be secured by tangible assets, such as a deed of trust or promissory note, providing peace of mind.Flexibility: Payments can be structured to suit the investor’s needs—monthly, quarterly, or upon project completion.Attractive Returns: With returns starting at 15%, investors often see better yields than traditional investment vehicles, like stocks or mutual funds.How We’ve Implemented ThisThis structure works particularly well for our large renovation or development projects where multiple investors may be involved.