
10 May 2024 | 7 replies
Create a simple spreadsheet or written list to compare the features of each and identify the ones that align with your requirements.

9 May 2024 | 3 replies
Foreclosures require knowledge and experience to win.

9 May 2024 | 6 replies
Before finalizing the deal, I'd like to get some opinions on whether this amount is too low or too high.The renovation projects are minor ones, such as painting, window work, kitchen renovations, some repairs and corrections that do not require permits.Thank you!

9 May 2024 | 1 reply
In most cases, the lender will require the person who is providing the capital to sign for the mortgage.

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.

9 May 2024 | 2 replies
It can often take years to resolve and may require you to hire professional assistance (even if the cost segregation firm claims they offer audit assistance).Here are some qualifications that you should look for when hiring a firm:In-house engineers: The best firms have specialized engineers on staff, not just hired contractors.

9 May 2024 | 2 replies
It should require 10% down payment with roughly Prime + 2% and a 10-year term.When I work with business buyers, I recommend a handful of lenders who are part of the SBA Preferred Lending Program (PLP), as the SBA accepts their underwriting without doing it again when they receive the loan package.

9 May 2024 | 4 replies
No matter what strategy you pick, sacrifice is required.

7 May 2024 | 6 replies
I also make sure I make my desire to buy properties known to those working in the city offices, utility companies, code enforcement officers, police officers, and others who are in positions to hear about potential properties.

9 May 2024 | 2 replies
Tenant pays a monthly fee for this service in lieau of a traditional security deposit.EXAMPLE: you require a $3,000 security deposit.