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25 December 2014 | 5 replies
I know I funded over 2000 of them on the front end LOLBest you can do Is get a construction loan from a local lender who allows you to build in an interest reserve.. but even then best I can get is 90% of cost... there are no zero equity deals unless you find a very hungry HML or one that did not get burned in 07 to 2011
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28 December 2014 | 7 replies
Bring on Toilet Overflow calls at 2AM.Knowing I only learn after I get burned, we are incredibly interested in learning from your experiences!
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26 December 2014 | 17 replies
It didn't make sense to the point I labled my article I wrote on the subject, how I crashed and burned with an llc.
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29 December 2014 | 16 replies
So for brokerages it's a lot of hand holding in the beginning and training which is why they take a fat 50% off your first 2 to 3 deals generally.If you show over time you are a performer with closing after closing the split can improve to 70/30, 80/20, 90/10.Heck there are even brokerages that charge a flat fee per transaction but your just a number and forget about in depth guidance.Best thing you can do is usually find a top performer to emulate and attach onto to learn from.You could also just sit a subdivision and sell model homes.
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30 October 2015 | 11 replies
Lets face there is usully a burn rate involved in the start up phase and we look for a realistic game plan to work with or adjust to meet necessary expenditures and grow into their plan.
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30 December 2014 | 2 replies
@Robert Burns I'm sorry I can't opine on his program, I don't know enough about it.
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29 December 2014 | 6 replies
There was a case in Ontario where the tenants had a fire pit and one of their guests fell into it, thus being severely burned.
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6 January 2015 | 9 replies
I usually do my own, but now have a friend buying who got burned on his last inspection, and wants someone experienced and thorough.
31 December 2014 | 3 replies
It can be done, but in this case it sounds like you are trying to get awfully fat for such limited skin in the game...