
17 June 2024 | 16 replies
One piece here is that yes you can potentially find buyers that will have a premium for successful track record + even furnishings, listings, review - but important to remember that there won't be a premium assessed by the lender in almost all situations if the buyer is using financing to acquire - their loan will be based on the pure real estate value even if they are paying more - just a tip to keep clarified so no surprises that can throw off deals

16 June 2024 | 2 replies
I'm trying to decide when or if I should transition from "building the portfolio" and acquiring properties and move to paying down the loans and building cash flow.

16 June 2024 | 27 replies
Someone on my team suggested a DCSR loan (did I get that right?)

15 June 2024 | 10 replies
I wish I knew how much more money would be needed after I finally owned the property.
15 June 2024 | 4 replies
I finally got in touch with the owner of the company and he says that we can expect the payments at the next scheduled disbursement date which is 2 weeks from now.

17 June 2024 | 19 replies
I look at each deal for the win/win test, as I am not out to loan money for a lousy deal and put the investor under a financial burden.
17 June 2024 | 8 replies
Loan rates on the ReFi have prohibited us from building a bunch more 3-4 unit properties recently, just kills the CF of the deal, but going all-cash on the purchase & construction still pencils.

16 June 2024 | 8 replies
Most will have a hard set no if there is any indication of un permitted work since it is a long term loan.

16 June 2024 | 7 replies
And I’ve taken out five 401k loans up to 50k to buy properties.

14 June 2024 | 1 reply
Well, technically, you have to wait until the order is final and non-appealable, 42 days after the judge's order.The "older system" (still used by some counties) is the one that allows possession.