This is the simple playbook that tons of Americans have used to build wealth over the last 2 decades:
1. Earn free cashflow from their business.
2. Invest their personal profits into real estate.
3. Do a cost seg s...

I did want folks to know. that but I can tell you johnny wholesaler that might have got your deposit. very good chance something like this they would ghost yuo and you would never get it back.. they already spent it and dont have it to give back.

It's a good book, but it's one that can make investors think that investing with no or low money down is easy.

This approach not only enhances the potential for financial success but also cultivates a deeper understanding of the real estate landscape, empowering investors to make choices that align with their long-term goals.

The good thing about househacking a legal multifamily unit is that lender allows you to use the vacated units of 75% market rent as an income to offset the potential current mortgage.

I posted because this would be my first time asking for DSCR, Fix/flip, long term/short term financing & I’m curious how that plays around what we’ve been encountering in Detroit.

Travelers is another insurer in CO that has been good or Allstate. 

Acquiring it below replacement cost, especially in a growing market like Panama City, could give you a significant edge both in terms of cash flow and long-term appreciation.With your track record of completing 17 syndications and managing over $500 million in multifamily assets, it’s clear you have a deep understanding of how to unlock value in these types of deals.

If they are ok with carrying the financing and don't need large amounts of cash right away, this may be a good fit for them.

I am also fortunate to have purchased a marginal deal in a good market and will be ok in the end.