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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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2 May 2024 | 1 reply
@William Coet Try googling "flat fee MLS" and you will find many providers of this service.Here are the big things to look for in a flat fee MLS listing:1.
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3 May 2024 | 14 replies
They can provide you with real-time data, not an algorithm (those are good to paint a picture, but they don't know the nuances and amenities of each individual home).
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3 May 2024 | 7 replies
If sales price is 400k and I want 75k cash but tenets only can provide 15k, what are my options?
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2 May 2024 | 8 replies
Investors can purchase a portion of several properties in the form of shares.Real estate investment funds provide you the chance to invest in real properties with a variety of rules and regulations that are specific to each region.
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4 May 2024 | 12 replies
Here's some advice and insights on utilizing private money and home flipping to get started:Private Money: Lenders of funds to real estate investors that provide better returns on investment than standard financing choices are known as private money lenders.
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2 May 2024 | 9 replies
I would appreciate any tips/advice/books that you can provide me to help jumpstart my real estate journey!
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1 May 2024 | 14 replies
So many people (including me) are complaining that they're not getting the bookings from Vrbo that they used to, and now Vrbo want to block some more days that won't get booked on their platform.
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2 May 2024 | 5 replies
Renovated the property by providing substantial updates.
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2 May 2024 | 23 replies
😊Unless you talk to a specific realtor, I'd start with the most popular online platforms.