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23 January 2025 | 20 replies
Our community is actively identifying and investing in off-market deals, sharing the cost of virtual assistants and direct mail, sponsoring deals, investing our own capital, and having multiple group calls and webinars every week with institutional analysts, real estate and SEC attorneys, regional banks, private lenders, and other experts specifically to discuss and analyze deals within the community.
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18 January 2025 | 15 replies
I feel like those lists are sold and resold numerous times over and over again for the same data.
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16 January 2025 | 1 reply
We use private lending to finance the purchase and construction of this home.
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9 January 2025 | 1 reply
Hello, my name is Kamarye Hodges and I am a broker, I wish to gain insight and experience. Hopefully I could even provide some sort of value to this group and most definitely do business with some of you. I like to bu...
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19 January 2025 | 18 replies
We sold it after 3 years as the appreciation was so significant, it would have been foolish to hold it longer and roll the dice.
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17 January 2025 | 37 replies
NMLS does not regulate private lenders.
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26 January 2025 | 15 replies
Here are a few strategies to consider for funding a down payment:Partnering: Like Gregory mentioned, finding a partner who can contribute to the down payment in exchange for equity or a profit share is a solid option.HELOC or Cash-Out Refi: If you have equity in your home or another property, a home equity line of credit (HELOC) or cash-out refinance can provide the funds you need.Private Money: Reach out to friends, family, or private investors who may be interested in lending you the down payment with a promissory note.Seller Second: In some cases, the seller might agree to finance a portion of the down payment as a second mortgage.Live Frugally and Save: It takes time, but reducing expenses and setting aside funds from your income is a tried-and-true method.The right approach depends on your situation and deal structure, but a mix of creativity and resourcefulness can go a long way.
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7 January 2025 | 1 reply
I took a small private loan and bought my first home.
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21 January 2025 | 6 replies
However the owners retired and her team left when she sold the businesses.
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17 January 2025 | 4 replies
So as long as I paid no issues.. and most of those I sold on wraps. when i started buying homes via sub to I did over 100 of them..