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24 January 2025 | 1 reply
Find and attend your local REI groups.
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30 January 2025 | 3 replies
Here are the top 10 tips to find the perfect house-hacking investment property in the Windy City:1.
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24 January 2025 | 0 replies
The issue I have is that I am struggling to find serious partners to work with.
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23 January 2025 | 10 replies
As for finding a contractor, asking local investors for recommendations is a great start.
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24 January 2025 | 6 replies
I am seeking a partner with significant financial resources to help bring my vision to life.I am open to any advice or ideas you might have.Thank you, I agree with Jay, you will not find a lender to lend on this type of project but you are going to need to bring in an equity partner.
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26 January 2025 | 15 replies
Here are a few strategies to consider for funding a down payment:Partnering: Like Gregory mentioned, finding a partner who can contribute to the down payment in exchange for equity or a profit share is a solid option.HELOC or Cash-Out Refi: If you have equity in your home or another property, a home equity line of credit (HELOC) or cash-out refinance can provide the funds you need.Private Money: Reach out to friends, family, or private investors who may be interested in lending you the down payment with a promissory note.Seller Second: In some cases, the seller might agree to finance a portion of the down payment as a second mortgage.Live Frugally and Save: It takes time, but reducing expenses and setting aside funds from your income is a tried-and-true method.The right approach depends on your situation and deal structure, but a mix of creativity and resourcefulness can go a long way.
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21 January 2025 | 10 replies
Finding trademen and contractors is much tougher if you're self-managing.
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23 January 2025 | 1 reply
What would be my best approach, I assume find a private lender and work out some deal with them.
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27 January 2025 | 6 replies
I will do whatever I can to support you, inspire you, and help you to find and fund your freedom!
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22 January 2025 | 14 replies
U need to flip the return 75% to the money and 25% to you if have any hope of finding someone to do this that is not friends and family.. 10 to 15% is way to little for the risk of being a gap funder.. if the project does not work gap funder is the one who loses money..