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30 April 2024 | 2 replies
Here are some common financing options:Traditional Mortgage: Obtain financing from banks with a down payment, paying off over time with interest.Hard Money Loans: Short-term loans with higher interest rates, often from private investors, suitable for quick acquisitions or credit-challenged investors.Private Money Lenders: Individuals or groups offering direct loans, with terms negotiated privately.Seller Financing: Buyers make payments directly to sellers over an agreed period, with terms negotiated between parties.Home Equity Line of Credit (HELOC): Borrow against existing property equity with a revolving credit line, typically offering flexibility.Real Estate Crowdfunding: Pool funds with other investors via online platforms for various real estate projects, offering diverse investment opportunities.1031 Exchange: Defer capital gains taxes by reinvesting sale proceeds into similar properties within a specific timeframe, useful for tax optimization.REITs (Real Estate Investment Trusts): Invest indirectly in real estate through publicly traded companies, offering liquidity and diversification.Joint Ventures/Partnerships: Collaborate with other investors to share resources and risks, leveraging each other's strengths for larger projects.Subject To Financing: Buy a property subject to the existing mortgage that's in place on the property (doesn't get paid off when the property sells).Assumable Mortgage: Buy a property and assume the mortgage that the seller already has in place.Lease Option: Rent a property with the option to buy it prior to a later date.Debt Service Credit Ratio (DSCR): A loan approved based on the income potential of the propertyThese options cater to different investor needs, preferences, and financial situations, providing flexibility in real estate investment strategies.Thanks,
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30 April 2024 | 12 replies
It depends on whether or not the carrier requires 12-month lease agreements...have to talk to an agent and provide accurate information on how the property is being used.
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30 April 2024 | 4 replies
Silva PaganThey may, for example we run a private fund but I can tell you the offer we would provide will make you cringe.
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1 May 2024 | 12 replies
I was just offered a Heloc from Better.com for my investment property in Providence RI.
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30 April 2024 | 12 replies
Quote from @Sras Sath: Could someone provide sources to use for estimation?
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30 April 2024 | 0 replies
➡️ Can you provide a list of different finish outs for the units (e.g., classic, semi-upgraded, fully upgraded)?
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30 April 2024 | 4 replies
As your properties are managed by PM I don't see any issue.But yeah only immigration attorney can provide clarity on this.
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30 April 2024 | 5 replies
If allowed, they should provide you something in writing and then you can share that with the post office so they can deliver mail to the second location.
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30 April 2024 | 3 replies
You'll find a wealth of knowledge here from investors and professionals and when it comes to financing for investment properties, I'd be happy to provide some insights once I understand your intended approach.
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1 May 2024 | 16 replies
@Dominique Osborn spent hours with them on the phone and provided receipts on numerous occasions but it's still showing as "not" paid.Anyway, is anyone on here a tax lawyer or can anyone recommend one?