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23 October 2024 | 16 replies
I own a property in the Disney market and co-host/manage another 25 in the area.Disney I think is a good market if your goals are more aligned with traditional long term real estate goals, and a bad market if your goals are more immediate gratification and short term cash flow.The major benefit of the Disney market is that it's about the safest market you can find from a long-term perspective.
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24 October 2024 | 2 replies
Since buyers traditionally almost never had to pay commission to their buyer agent, the conversation is much easier and familiar for clients to understand when you say "you have to bid more than 5 other people to get this deal if you really want it".
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23 October 2024 | 2 replies
Just be aware that this adds another layer of complexity, and you’ll want to check with both your lender and a real estate attorney to make sure everything is set up correctly.When it comes to terms, owner financing gives you a lot of flexibility:Interest rate: You want something attractive to the buyer but that compensates you for the risk of holding that second lien.Repayment schedule: You can choose a traditional 15- or 30-year schedule, or go with something shorter if you want to be paid off sooner.Balloon payment: Many owner-financed deals include a balloon payment, meaning the buyer pays off the remaining balance after a set period (usually 5-10 years).
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23 October 2024 | 13 replies
Still have not figured out the difference between this and a traditional syndication?
23 October 2024 | 9 replies
I don't tip in the traditional sense, but I'll round up to the next $50 increment if they get to something quickly or are working after hours/weekends to get to my job faster.
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22 October 2024 | 5 replies
Hi Vida,Based on your goals and budget, here are some suggestions for building a small home with a business space in the Atlanta, South Carolina, or North Carolina areas:Building options:Modular homes: These can be a cost-effective option, allowing for faster construction and potentially lower costs compared to traditional building.
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22 October 2024 | 0 replies
Im looking into co-buying SFH and other undivided RE and am curious if anyone's ever heard of a lender doing partial assumable loans (FHA/VA/traditional conforming/etc) for home mortgages?
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16 October 2024 | 7 replies
Team - We plan to 'BUILD' an ADU in our backyard needed to know if there are any "Non-Traditional ADU financing options" out there?
21 October 2024 | 9 replies
Traditional lending for investors as well as Non-QM for Investor capital with DSCR options as well as 1st Lien HELOCS for investors.
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24 October 2024 | 20 replies
Lenders do not want you to pay a traditional mortgage off in the first 6 months as it could reverse their commission if the loan is paid off in the first 6 months.