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14 January 2025 | 15 replies
The borrower gets the benefit of having access to capital fast and the lender gets the benefit of charging a higher interest rate and not having to pay taxes on the profit.
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15 February 2025 | 77 replies
Have these guys ever heard of Quicken or any of the online personal finance programs available to track spending?
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10 January 2025 | 4 replies
Average rental rates, vacancies, competition, growth, appreciation, etc..Ive heard of scrolling through Zillow and collecting information by looking at properties for sale/rent but was wondering if there is a site where all of this information is easily accessible or any ideas for better ways to go about it.Thanks in advance!
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21 February 2025 | 182 replies
https://www.lawmrm.com/jon-mcgraw/ Just call and make an appointment or request one online on his site.
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16 January 2025 | 16 replies
@Kaneem CurveyYou can now access your messages.
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16 January 2025 | 6 replies
I just stumbled upon it online and I’m trying to research it myself.
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14 January 2025 | 2 replies
My 2 cents is prices are crazy inflated right now, but believe it or not I think it will continue because of continued demand pressure for the area from people fleeing higher cost of living areas and moving there, with access to 87/17.
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13 January 2025 | 1 reply
My humble advice to anyone attempting to do creative finance is:Creative finance is for experienced investors who have access to capital if anything goes wrong.Learn the lawsDon't use a contract "off the internet", laws vary by state and are also regulated on a federal levelLearn the financing techniques correctlyDon’t skip parts of the processDon’t ever do a “kitchen table” closingUse the proper deedAn attorney can help you with the legal work, but the rest you are on your ownYour guru will not bail you out“Investing” in someone else’s deal by providing a small 2nd loan so the “investor” can pay for “cash to the seller” and for “closing costs” so he can do the deal is a very bad planKnow what problems can ariseLearn the responses and solutions to problems before they are neededKnow everything there is to know about Title and what that meansKnow who a "protected class" individual isLearn the "back doors"Learn human natureUnderstand timelinesUnderstand regulation enforcement (some of these "mistakes" have a 10 year statue of limitations ( they can charge you 10 years AFTER you do the transaction) and carry hefty fines and possible imprisonmentThe court doesn't accept "I didn't know" for an answer"Know that the source of the lead plays a serious role in some states and federallyKnow how much of a "profit" pushes the boundaries to invite an investigationYou can be sued by the seller if you don’t do things correctlyYou are automatically at fault if an investigator or attorney or regulator gets involved.
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14 February 2025 | 43 replies
I would not spend $700/month for access.
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9 January 2025 | 10 replies
You want access to equity but you also want access to the full profits without safrificing it to expenses to expand your business.