Brandon Clark
Land Development Opinion
21 November 2024 | 14 replies
15 acres for a lot sounds huge to me and I'll bet you could be missing out on some extra $ by not getting more lots.
Gloria C.
Investment property burned down.....
15 November 2024 | 7 replies
Unlike a 1031 exchange, it gives you more flexibility in timelines and reinvestment options:- You typically have two years (sometimes up to three) from the end of the tax year in which you receive the insurance payout to reinvest in a similar or related property.- There’s no requirement to go through a qualified intermediary, as with a 1031 exchange.3. 1031 Exchange: A 1031 exchange is also an option but is generally less favorable than a 1033 in involuntary situations.
Philip Jones
Refi LENDERS in BRRRR
18 November 2024 | 16 replies
Credit Unions are a lot more flexible vs the big box banks.
Vikash Nand
scope of work
15 November 2024 | 3 replies
thanks Your best bet is to partner with a GC or find a GC that a friend of yours trusts.
Bryce Cover
Analyzing the Impact of Selling vs. Renting My Property
15 November 2024 | 2 replies
Maintenance and potential repairs will also require a long-term financial plan and setting aside a contingency fund for such expenses.The steady cash flow, appreciation over time, and tax benefits can make a meaningful difference to your wealth in the long term, especially with the principal paydown on the mortgage.However, if managing the property from a distance feels too burdensome, or if you’d prefer the certainty and flexibility that comes with having less debt (especially given the high mortgage rates), selling and using the $100,000 in equity to reduce your loan for your next home may be the smarter move.
Lucas Schlund
How Much Cash Do I Need To Put Into My First BRRRR and How Much Should Be Financed?
21 November 2024 | 23 replies
If you use more of your own cash for the project, you become less versatile and flexible if a problem arises.
Austin Gabriel
Lead Sherpa Additional Costs
14 November 2024 | 2 replies
There are several other Skip Tracing companies with flexible spending options, no high-cost monthly commitments.
Patrick Roane
Getting ready to purchase an SFR rental
19 November 2024 | 11 replies
It's hard to say for sure without knowing your market numbers, but I would bet you if you looked at a 10 year projection, you will probably have a better ROI with the equity in 2 houses as opposed to the equity and cash flow with one.
Brian Quo
How bad is it to start off not cash flowing on 1st rental that is new construction?
20 November 2024 | 37 replies
I’m also not a fan of buying a property that loses money every month, while hoping for appreciation and betting that interest rates will fall.
Luca Giani
Need financing for a renovation project on a Rental Property
15 November 2024 | 4 replies
Hi Luca,a rate/term bridge with rehab budget would be your best bet. there would be no PPP's since it's a bridge, you'd be able to pay off the existing lien, and you'd get your funds to do some renovations to the property.I should be able to help with this, but I'd need more information on the property and how much in rehab you are looking to do.