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20 February 2025 | 3 replies
Depending on your long term goals I wholesale and use the assignments fees to buy free and clear properties and I use creative marketing to buy and keep in my portfolio.
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20 February 2025 | 5 replies
It's also essential to factor in your financing costs and ensure your cash flow projections align with holding costs.
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14 February 2025 | 0 replies
After evaluating the numbers, we negotiated a purchase price of $45,000, ensuring enough margin to cover renovations and still secure a solid profit.
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20 February 2025 | 3 replies
Working with contractors requires clear communication and detailed project timelines to ensure that deadlines are met and avoid overruns.
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16 February 2025 | 5 replies
At least ensure you are getting proper tax advice.C corp and s corp are both US federal tax concepts, not business entities.
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11 February 2025 | 6 replies
When joining a mentorship program, it's important to ensure that the program is a good fit for your goals, needs, and expectations.
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19 February 2025 | 23 replies
Most are probably going to require creative financing.
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20 February 2025 | 6 replies
@Kiryl Ulanovich,You're on the right track:Get Pre-Approval from Hard Money Lender – Know your terms and limits upfront.Find a Deal Through a Wholesaler – Verify numbers and ensure it meets your criteria.Review the Assignment of Contract – Confirm terms, earnest money, and contingencies.Conduct Due Diligence – This includes an inspection (if allowed), verifying ARV, and rehab estimates.Submit to Hard Money Lender for Final Approval – Lender will review title, contract, and property condition.Title Search & Clear Any Issues – Ensure a clean title before closing.Close Through Title Company – Finalize funding and take ownership.Consider also lining up contractors early for a smooth transition into renovations.
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18 February 2025 | 1 reply
Estate Planning and Wealth Transfer: If you're building a portfolio to pass down to your family, life insurance ensured your heirs inherit your properties without the burden of estate taxes or forced sales to cover expenses. 3.
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20 February 2025 | 7 replies
Creative financing is ruling in this transaction space.