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11 February 2025 | 7 replies
If your really needed it one could also consider hard money though that will come with higher rates and getting someone to give you 300k first time might be harder than just getting loan then you could refinance it later.Since your a high net worth person I would also try talking to local/regional and even big bank lenders.
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10 February 2025 | 4 replies
I have one market I'm highly excited about at this moment.
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16 February 2025 | 3 replies
When everything was said and done, we walked away with $50K in profit.The Key Takeaway for WholesalersMost wholesalers would have completely ignored this deal because it wasn’t assignable at a high spread.
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28 January 2025 | 5 replies
Quote from @Sunil Ghosal: Most of the Boostly websites I see are very slow to give quotes and have higher downtime.
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19 February 2025 | 14 replies
Quote from @Noah Laker: I'm a real estate broker and my client is a high W2 earner, taking advantage of the "STR Loophole"His CPA told him that he can only do cost segregation on properties which are active STR's.My understanding was that, if he obtains REP status through any one of his properties, that he can take advantage of depreciation on any investment property, even if that one is not an STR.
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10 February 2025 | 11 replies
Rewey: There is a video (free on YouTube) by Attorney Jeff Watson titled "How To Do a Subject To And Do It Right" that I highly recommend.
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22 February 2025 | 2 replies
Good property managers are in high demand.
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21 February 2025 | 2 replies
The majority of our properties already have DSCR loans on them, are tenant occupied, have been owned for less than a year/have sizable capital gains, are in a high appreciation market, may take a while to sell at market price on the MLS.Are there any loan products, even ones with balloon payments, that would let us access some of our equity in our properties through refinance or a 2nd position loan.
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26 January 2025 | 12 replies
There are plenty of websites that can give you a good idea of property values in your area.
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21 February 2025 | 10 replies
Highly recommend self-managing so you can take advantage of a cost segregation and the short term rental loop hole!