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16 January 2025 | 12 replies
Our first accepted offer was a 320 unit deal that we contracted, put up non-refundable (yeah, I know) earnest money, and thought we had our financing and money in place to do the deal. 2 weeks before closing a major (several million) partner pulled out leaving us short of the funds needed to close.
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7 February 2025 | 13 replies
The blessing was that my desire to get out of Corporate America was stronger than my lack of belief in myself.
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14 January 2025 | 0 replies
Build Credibility with Private LendersSecuring funding is just as important as finding deals.
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10 January 2025 | 21 replies
I know for example we can fund up to 90% of the purchase and 100% of the rehab when we're funding the purchase and the rehab.
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4 February 2025 | 2 replies
Markets with significant investments from the previous administration may see these funds redistributed or withdrawn, meaning factories planned for construction may not be built.
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23 January 2025 | 8 replies
Building an ADU is a nice way to add value but you won't get that funded by a lender.
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22 January 2025 | 8 replies
Screen tenants thoroughly, have a solid lease, and maintain an emergency fund for unexpected expenses.
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20 January 2025 | 2 replies
You can't commingle funds. 3.
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20 January 2025 | 4 replies
Once the funds are up and they can't repay the loan(s) back because offering free services are just enticing new investors that do not have a real system setup.
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30 December 2024 | 1 reply
While the property's location was desirable, it was evident that the house had been neglected for several years.