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18 July 2024 | 20 replies
@Thomas Richardson As @Mike Grudzien mentioned, reading my book doesn't exactly tell you how to "pitch" to private lenders but it does help you understand how to present deals to novice or new PMLs within your network by being able to show them how you'd protect and safeguard their capital with things like equity protection, title insurance policy, loss payee on your property insurance policy, going through a third party title and escrow or attorney to close the loan, etc.
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16 July 2024 | 15 replies
It's close by, so I thought it would be worth mentioning!
15 July 2024 | 17 replies
The majority of sales from a SDIRA involved a "flip", where holding period was <365 days.
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16 July 2024 | 4 replies
Hi Brian..Coincidentally we just had a full webinar on first position HELOCS, fixed second and simultaneous closings.
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15 July 2024 | 1 reply
You could promise a certain amount of closing costs then take a few grand off at closing.
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15 July 2024 | 6 replies
Now if this is clearly disclosed, at the end of the day it is your business and you can run it how you choose.Keep in mind, there is a lot of competition in new PM businesses because of the changing real estate sales market.
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17 July 2024 | 12 replies
Next week, I will be closing on my first single family investment property.
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16 July 2024 | 11 replies
That's always good info to have Scott Carson at We Close Notes but I'd love to hear the others.
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13 July 2024 | 1 reply
3,000sqft, 5 (if not 6) bedroom, 4.5 bath, college rental next to Tulane. I have owned and rented a house in New Orleans the past 3 years. I have had consistent cash flow from Tulane students and have not had an issue...
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14 July 2024 | 4 replies
For SB1079, a prospective owner-occupant can bid on the property post-sale and win the auction within a 45-day period.