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11 May 2024 | 5 replies
you can try but these DST and GP have biz plans they must follow.
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9 May 2024 | 107 replies
Unfortunately 2023 for me is going to be a 'treading water' kind of year as I don't know how these flips will perform in the current market.Good news is I have very low leverage on the deals, and if the houses don't sell my backup plan is to convert to either short term or long term rentals.
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11 May 2024 | 6 replies
Both Air Cover & VRBO provide medical liability up to $1M (and we are currently only listed with those two with no plans yet to host directly).
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13 May 2024 | 38 replies
Have a quad with no existing laundry facilities and plan to add a coin up W/D for tenants' use.
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11 May 2024 | 4 replies
I have been planning this since I was 16 years old but I keep running into the same problem since I don't have co-borrower.My credit union will not approve me without a longer full time employment history because my part time employment income isn't much.
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11 May 2024 | 14 replies
No lenders going to do your loan knowing that you plan to cash-out refi the max LTV to defer taxes and then go and pay taxes on the remaining profit, because that would result in the lender getting an early pay off within 6 months.
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11 May 2024 | 10 replies
Are you planning on holding onto it after the renos or are you considering selling?
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9 May 2024 | 8 replies
Maybe get a second contractor's opinion to back up those numbers.
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11 May 2024 | 3 replies
My plan was to keep renting the house, however, the property manager has given us an estimate upwards of 30k in repairs for it to be in rentable condition again.
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9 May 2024 | 8 replies
Others may have a different opinion, but outside of a seller carry back up to 90% CLTV (still require some skin in the game, unless you go true hard money) 2nd liens on real estate for purchase transactions in the manner you're seeking are very difficult to get a loan against, whether it be a secondary market lender (private equity fund, balance sheet lender, family office, etc), and usually are seeking larger transcations ($1-3MM +) in this space, and are still capped at a max 75-80% CLTV (still wanting skin in the game).# 4 usually requires more explanation as its newer to the market (DM me if interested in discussing these options further), but all 1-4 appear to be potential options for you based on the limited details.