
10 July 2024 | 6 replies
Howdy,New to RE Investing: I am curious to know how much can one earn if one refers a money lender to a full-time house filpper.

10 July 2024 | 6 replies
Maybe they never spent the money or it's not up to code to have a person living in the space.

10 July 2024 | 9 replies
Scenario 2 - 9.5% Yield (Multiple notes) vs Stock at 6%:For this scenario we are going to use the same numbers as above the only difference we are going to be buying a new note with all of the money we get after ever year.Year 0 - 12k to buy the note Year 1 - We have 3024.24 (252.02 * 12) Year 1 - We buy a second note 3024.24 at 9.5% for 4 years -- 48 payments of $75.98.Year 2 - 3024.24 (1st note) + 911.76 (75.98 * 12 -- 2nd note)Year 2 - We buy a third note 3936 at 9.5% for 3 years -- 36 payments of $126.08.Year 3 - 3024.24 (1st note) + 911.76 ( 2nd note) + 1512.96 (126.08 * 12 -- 3rd note)Year 3 - We buy a fourth note 5,448.96 at 9.5% for 2 years -- 24 payments of $250.19.Year 4 - 3024.24 (1st note) + 911.76 ( 2nd note) + 1512.96 (3rd note) + 3002.28 (250.19 * 12 -- 4th note)Year 4 - We buy a fifth note and final 8,451,24 at 9.5% for 1 year -- 12 payments of $741.03.Year 5 - 3024.24 (1st note) + 911.76 ( 2nd note) + 1512.96 (3rd note) + 3002.28 (4th note) + 8,892.36 (741.03 * 12 -- 5th note).Total: $17,343.6 While this second scenario does outperform the 6% stock market return, it only give you a 7.64% annualized return while is better, if we implement scenario 2 in a self directed IRA where lets assume they charge you $150 every time you buy a new asset that would technically be $750 less of profit giving you a profit of $16,593.6 and a 6.7% annualized return.

8 July 2024 | 13 replies
I'll take that into consideration!

10 July 2024 | 7 replies
If I'm in your shoes I would checkout any local RE meetups happening nearby, that would be a great spot to meet some other folks in your shoes and/or other lenders who might be able to give their perspective if it makes sense to pull out money from your home rn or not.

10 July 2024 | 50 replies
I use to offer either 60 or 70% of the money.

10 July 2024 | 32 replies
Looking for your suggestions.I'm aiming for the best shot at getting as much money out of the deal so I can do several more.

10 July 2024 | 2 replies
Now, I have not run out of money yet....I am just trying to get ahead of this before this does happen.

11 July 2024 | 11 replies
It's a great way to increase your net worth and these loans can also be used to pull cash out of a property as it appreciates allowing you to reinvest money into new deals.Happy to discuss further.
10 July 2024 | 4 replies
We don’t want to pour any more money into it.