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25 December 2024 | 1 reply
+I've researched something called an FHA Construction loan in terms of financing this project, but it seems that most large banks don't offer that product.
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26 December 2024 | 11 replies
Great tools that get updated regularly.I am on the lending side of things and would be happy to hop on a call with you anytime to discuss financial strategies and help answer any questions you may have about nearly any loan product available to help you on your journey, even if they are not products my capital partners offer.We are all here to help you learn and grow.
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31 December 2024 | 4 replies
I an afford to sit on this property as its in the Yosemite AirBnb hot spot and don't need to do anything right away as its in a killer location.
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6 January 2025 | 8 replies
If you include the costs to build in a purchase of the primary structure, then you can typically roll that into the final loan product.
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12 January 2025 | 28 replies
It sounds like you need affordable legal guidance.
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3 January 2025 | 7 replies
Will look to refi next year and get all our cash back (have 1 year left on generous seller financing)Failure: still battling a tenant eviction industrial property, costing me money (I can afford) but time and my energy (not a great use)A ha moment: just to focus on higher equity slugs into fewer deals, the law firm is #1 for me2025 goal: complete exit, closing Jan 9, keep making offers, grow the law firm with less billables
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5 February 2025 | 205 replies
I've had a change order for 14k and anticipate another may come when the canal line is cleared. one of the biggest things has been holding costs with my particular loan product, plus multiple extensions with multiple extension fees Thanks for sharing.
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3 January 2025 | 12 replies
If the tenant is truly struggling due to a life event, the sooner we can work together to get her somewhere she can afford (and not have an eviction or negative credit report on record), the better for all.
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29 December 2024 | 7 replies
AI is good for a first draft of things, not for widespread usage.People are looking to use AI to move quicker, but it only makes you or your product more robotic (artificial intelligence and such).
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6 January 2025 | 17 replies
With your balance sheet and cash, you can put together creative deals without giving up equity and without using your cash but you are going to need to find a market and product which has 7-8% cap rates.I invest in the northeast, Great Lakes area.Diverse economies with education, healthcare as the back bone and tech as growth.In your area, you’ll have to raise way more capital in the form of equity just to meet DSCR with the banks.