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23 June 2024 | 0 replies
.- According to Built in Austin, defense technology appears to be the leading area of interest for venture capital investors on the Austin tech scene.
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23 June 2024 | 1 reply
Before venturing into this area, it's best to talk with other investors who have been through the program before with their rentals.
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23 June 2024 | 12 replies
Real estate investment has been a lucrative venture for many people.
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28 June 2024 | 100 replies
>>>>>>>>>>>>>>>>>>>>>Multifamily bridge loans:Loan Size:$1 million and upLoan Term:Short-term, typically ranging from 6 months to 3 yearsMost common range is 12-24 monthsExtension options may be availableInterest Rates:Higher than permanent financing, often in the teensRates vary based on creditworthiness and collateralGenerally 7-10.5% for multifamily, 15-24% for other commercial propertiesAmortization:Typically interest-only paymentsMaximum Loan-to-Value (LTV):Up to 75% of total project costCapped at 70% of the completed or stabilized property valueFees:Origination fees, legal fees, closing costs typically 1.5-3% of loan amountFees can include appraisal, administration, escrow, title policy, and notary chargesOther key characteristics of multifamily bridge loans:Fast closing process, with funds available quicklyEligibility based more on property value than borrower creditOften used for acquisitions, renovations, lease-up, or repositioningProvided by private lenders, venture capital firms, and commercial real estate lendersNeed to be refinanced or paid off quickly via sale or permanent financing>>>here is how extension options can impact the overall cost of a multifamily bridge loan:Extension fees: Exercising an extension option on a multifamily bridge loan typically requires paying an extension fee to the lender.
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25 June 2024 | 31 replies
Currently 22 turning 23 next month and my goal is to house hack with my partner for the next 10 years before venturing out.
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23 June 2024 | 11 replies
We are eager to learn and make informed decisions that will set us up for success in our real estate ventures.
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22 June 2024 | 8 replies
Are you open to a Joint Venture in an LLC?
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22 June 2024 | 11 replies
I’d love to keep you in mind for future ventures.
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21 June 2024 | 30 replies
Back in 2012, I started investing in turnkey rentals in Birmingham, and I even ventured into Indianapolis, Atlanta, and Pennsylvania.
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21 June 2024 | 4 replies
Hello,My wife and I recently ventured into real estate investment and have acquired a 0.4-acre lot in a Bakersfield, within an R2-zoned area, Oleander Sunset.