Cody Maxwell
SPEC homes line of credit
29 December 2024 | 7 replies
But he stuck with me I had a 1 mil credit line that they kept in place so I could make money it was on 90 day extensions for 3 years :( but if they had not done that I would have had to give them the keys back on a few commercial buildings I ate 250k negative cash flow on those buildings to make sure the bank got all their money..
Kimberly Venable
A little about me
27 January 2025 | 11 replies
Then you can read a more in-depth book like The Book On Rental Property Investing by Brandon Turner or The Unofficial Guide to Real Estate Investing by Spencer Strauss.Here's a guide that teaches you how to analyze a property.https://www.biggerpockets.com/blog/rental-property-cash-flow...Finding deal that cash flow is the easy part.
Rachel Vann
Self-Storage Facility in Conway, Arkansas
23 January 2025 | 1 reply
Purchase price: $940,000 Cash invested: $250,000 I purchased a Self-Storage Facility.
Jonathan Small
2 Bedroom 2yr Rental Into Flip
20 January 2025 | 0 replies
Purchase price: $75,000 Cash invested: $10,000 Sale price: $120,000 This is a 2 bedroom 1 bathroom single family detached house is South Georgia.
Johnny Peterson
Meet ups in southern Minnesota?
28 January 2025 | 9 replies
There's a monthly cash flow 101 game in Bloomington through MN REIA.
Eric Helena
1031 exchange with relative
31 December 2024 | 2 replies
The end goal is to have a piece of land with multiple houses: one for my growing family but also a home for my mother in law.My mother in law has agreed to foot the money on a new property/land up front and when ready we can buy land from her to build/develop etc.
Mike Levene
Most efficient source to pull funds from for a down payment?
23 January 2025 | 7 replies
Just ensure the agreement is clear and formalized.Pooling reserves across properties might make sense if you’re confident in your cash flow and other contingencies.
Chris Seveney
What is the Best Way to Grow as a Private Lender
13 January 2025 | 15 replies
Also, these deals tend to have very thin margins because the brokers will soak up a lot of the up front pricing while also pressuring you to get skinny on the rate.
Kolby Knickerbocker
should I sell a property to pull out $500K and invest it elsewhere?
15 January 2025 | 18 replies
You could also do a cash out refi.
Alliot Belgrave
Garage Conversion - Reno.
27 January 2025 | 0 replies
Purchase price: $80,000 Cash invested: $80,000 This is a reno- adding a 1 bedroom unit to a three family home.