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17 February 2025 | 40 replies
Also, given our members are more focused on scale, many of them elect to create a syndication (even if it's a fix and flip fund), given the significant upside once raising more capital is possible.We also have clients who use our process for raising capital for crypto funds, buying existing businesses, hedge funds, and etc.
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17 January 2025 | 3 replies
You search for existing guides, select the best and provide the link or the document to your clients.
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21 February 2025 | 6 replies
You're trying to pretend/make up/cover up/fake/etc - choose your favorite word.
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27 January 2025 | 3 replies
Some lenders offer creative solutions, like a cross-collateralized loan, where they use your existing equity as security without refinancing the duplex.Another idea is partnering with private lenders or exploring a second-position mortgage, depending on your lender's terms.
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14 January 2025 | 23 replies
Long term hold, with buyer planning on carrying existing financing to term without the ability to quickly cure default — terrible strategy with huge risk for both parties.
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5 February 2025 | 8 replies
So it could take a decade to get to todays market rent. 2) it’s almost impossible if not impossible to non-renew a tenant, especially if you’re not an owner occupant. 3) As a seller, even if I could remove paying tenants I never would without a non-refundable payment from a potential buyer that covers all vacancies for 6 months if they fail to complete the purchase. 4) You MIGHT say as a buyer that’s worth it.
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11 February 2025 | 20 replies
They gave us a pre approval on a cash out refi.
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19 February 2025 | 10 replies
I think your biggest issue with any "work-arounds" is going to be your legal liability and holding the proper insurance in case something goes wrong, which I'm going to assume you'd need to be properly licensed in order to be properly covered by insurance.
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20 January 2025 | 6 replies
-22 years old-$50,000 pre tax income from business this year-80k in savings-30k in investments-pre approved for $350,000 (had to use parents as co-signers because I started business 2 years ago and didn’t make much first year)Looking to get into first house by house hacking a 4 bed 2 bath renting out 3 rooms.
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5 February 2025 | 16 replies
2) Are you pre-approved and have the down payment in your bank account?