Simon Asselin
Ability to draw (HELOC style) against our real estate equity as a portfolio?
30 November 2024 | 3 replies
My challenge is that the equity is siloed in a high number of properties which complicates our ability to draw against it and leverage that for operational and investment purposes.Do you all know of banks willing to work with investors and able to underwrite at the portfolio level, rather than having to apply for and open HELOCs on a per-property basis?
Joe S.
Laugh and the world will laugh with you. Fart and…
28 November 2024 | 9 replies
That's one reason I hang out on BP - most people in my life can't appreciate the level of work it took to get to this level.
Chris Seveney
Note Investing: Like Watching a Jerry Springer Episode Unfold
7 December 2024 | 18 replies
The property deteriorated so much after 3 years of neglect and vandalism and squatters that Dallas County ordered a “tear down” order and leveled and cleared the property, slapping on a municipal lean.
Sam Lewis
Why would hard money lenders trust someone they don't know?
2 December 2024 | 10 replies
Its certainly not "guaranteed return" - thats a word to always stay away from in real estate (in finance or even investing in general)high level - its because HMLs are going to be secured by the real estate, meaning in event of default, the lender can get the property to be made whole - somewhat trust is involved, but thats the main mechanism behind it
Sebastian Tamburro
New Investor looking to break into the foreclosure market
2 December 2024 | 2 replies
Regarding property management, utilizing local property managers can save you time, and using PropStream effectively for filtering properties by distress level and location will certainly help with finding stronger deals.
Paul Kang
Pace Morby Subto and Gator Review
2 December 2024 | 8 replies
And yes, over leveraging a Subto and using "gator" lenders is not only bad practice, but it's going to lead to law suits.He is wrong on so many levels that I have posted extensively on it and it gets boring.
Jason S.
Flat Broke and No Funds...What to do???
11 December 2024 | 68 replies
It's your preference really and usually comes down to your tolerance level for the nuances that accompany each one.
Andrea Davis-Tarantino
Newbie over here!
28 November 2024 | 10 replies
Many investors choose a profit-sharing model for true equity partners, often splitting profits 50/50 or based on the level of their contribution to the deal, but ensure everything is clearly defined in writing to avoid misunderstanding/miscommunication.
Matt R.
Bitcoin is 10k again what are you going to do now?
5 December 2024 | 554 replies
Crypto is reaching a feverish level and they need new customers to feed the frenzy.
Dan Zambrano
My Journey to $20M in assets
7 December 2024 | 60 replies
I am really thinking about how I can level up and increase my impact on society and have that translate into active income.cheers yall!