Bryan Liu
Need advice on financing rehab for investment property
16 October 2024 | 9 replies
Hey Bryan, If you are in search of a non traditional business purpose loan there are DSCR based 2nd Mortgages (Must be an investment property) Or Hard Money 2nds on Primary Residence (Funds must be used for business purpose).
Oli C.
MTR out of state as a first deal?
17 October 2024 | 20 replies
One big takeaway is that MTRs function more like short-term rentals (STRs) than traditional long-term rentals.
David A.
Are we biting off more than we can chew for out first BRRRR? Any tips?
16 October 2024 | 10 replies
Does not work as ideal brrrr even if numbers play out for traditional ideal BRRRR as there is no way to extract all cash invested.
Melanie Baldridge
“How much will I save in taxes this year if I buy real estate?”
17 October 2024 | 1 reply
I look at it through the lens of: 1) If I contribute to a pre-tax account like a pre-tax 401k, Traditional IRA, SEP IRA, I get a tax deduction, but now I'm in a partnership with the IRS, but I don't know what I will have to pay them later on in life when I start pulling money out (that is because when you distribute you pay taxes based on your effective tax rate at that time, which can be unknown). 2) With Roth accounts, (Roth IRA/Solo 401k(k) with Roth component), I can get the taxes out of the way on the seed, so I don't have to pay on the crop.
Austin Ennis
Unique Sale - Home + Business
15 October 2024 | 2 replies
Not sure if I should structure as a traditional home sale + a separate business package including all accessory structures, furniture, biz ops, STR license, etc.Maybe as an add on if someone wants to use it as a hostel business as well but still open to a traditional buyer purchase separately.
Austin Bright
Wholesale friendly brokerages
16 October 2024 | 3 replies
Most brokerages across the country do not allow wholesaling or make you do it in a way that won't make it work the traditional way.The real question is why are you getting your license if you want to wholesale?
Imani Naomi
Where to start - Multi-Family or Single Family Homes?
19 October 2024 | 16 replies
You can still buy them vie traditional financing.
John Salcedo
Line of equity backed by Whole Life policy
16 October 2024 | 5 replies
They may have more flexible terms compared to traditional banks.Just be sure to check the interest rates and repayment terms since borrowing against your policy can reduce the death benefit if not paid back in time.
Nate Shields
55-Unit Value Add Success
15 October 2024 | 3 replies
🎉This deal came with several benefits that we believe set it apart from traditional syndications:1.Low Leverage & Investor Protection: We’ve committed to a low-leverage strategy to protect our investors, which we believe adds an extra layer of security in today’s market.
Jason Smith
Help! My Rentals are keeping me from getting a personal home loan
13 October 2024 | 23 replies
Sometimes a fresh perspective and the right contacts can turn things around.Don't let the traditional lending approach get you down.