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8 January 2016 | 15 replies
I currently have about $35k in it, which would be more than enough to purchase a couple town homes by the local college that will produce good returns, and that's my plan for using the money.However, what I don't know is can you obtain a mortgage through a SD IRA?
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4 December 2015 | 14 replies
Typically I write leases to increase based on the CPI index produced by the Bureau of Labor Statistics.
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8 November 2015 | 7 replies
www.GoFundMe.com I was thinking more a long the lines of something we can do ACTIVELY.I'd have to get with an attorney on this ... there should be a way to get the homeless person out from under this, possibly partner with them on turning something uninhabitable into an income producing property if it can be repaired and getting the homeless person off the streets and on track to a better life.
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7 May 2019 | 2 replies
The numbers would not work on a 15-year note and producer Cashflow .
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2 June 2019 | 26 replies
With the under market value rents it produces $2050/mo ...If everything gets bumbped up, it would make $2350/month....however I'd live in a unit so it'd really make for me $1300/mo or $1500/mo if rents get raised. thanks in advance!
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7 May 2019 | 0 replies
When that same building is sold for a $2M profit 5-10 years from now, you receive a check for $100,000 (5% x $2M).In a 10-year time period, 1 big deal can produce a $170,000 profit with NO money invested, no management or time involvement so no weekends away from your family...and minimal stress.What if over that same 10 year period, you've found just one BIG deal a year.
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8 May 2019 | 6 replies
If you really pushed, and had someone that could do the phase 1 quick, I would say 15 - 20 days.Strictly on the financing side, it only takes a few days to produce the owner financing papers.
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8 May 2019 | 5 replies
The hope is that it produces a repeatable process with built in relationships that will allow to buy rehab and refinance quicker and with better quality with little to no labor cost.
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10 May 2019 | 3 replies
@Aidan Mulligan Sorry no notification that any body replied.
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11 May 2019 | 45 replies
However, wholesaling is appealing for the quick profits it produces.