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13 November 2024 | 8 replies
There are several great ones in Dallas, but I'll bet these days most want you to have some skin in the game, so no 100% financing and also financing of renovation costs.
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13 November 2024 | 8 replies
If you don't pay he gets the park back and your asset.That would put me at more ease, knowing that you have skin in the game, and are going to pay me.Gino
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17 November 2024 | 5 replies
@Jean G.The reality is: it dependsIt’s a numbers game where you need to first determine: what yield do I want and what are the outcomes/ risks involved that could impact thatBuild yourself a financial calculator to understand this but also understand you need to know every process and how much it costs and how long it takes90% upb on a commercial property in a non judicial state with equity and default interest at 15% is a great deal but take that same asset in another state which also has long eviction laws and it could be awfulLastly bankruptcy could wipe out some of your lien depending on the type and how the loan was written.
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12 November 2024 | 26 replies
.: There are many new laws being implemented across different states, and I’m curious about yall game plan moving forward.
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13 November 2024 | 18 replies
Yes, they can have higher rates and fees, but they come with some major advantages too—like not needing personal income verification or DTI requirements, which can be a game-changer if you're looking to scale quickly.
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13 November 2024 | 14 replies
You can do this on your own but having help with PadSplit's software will take your game to the next level.
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12 November 2024 | 10 replies
Multifamily is a long term game, but well worth itGino
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11 November 2024 | 6 replies
@Rick Albert is right on and gives good advice.I'm actually wholesaling a property this week, but this just happens because I am in the game doing flips, developments, and rentals. i would never try to make a business out of it.
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13 November 2024 | 13 replies
So, instead of wholesaling your next property to a single buyers list, try looking “outside of the box” to find cash buyers for real estate deals.If you already know where to find cash buyers, you are ahead of the game.