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Results (10,000+)
Edward C. Selling half of portfolio to paydown mortgages?
29 June 2018 | 9 replies
Hi all,Was hoping to get perspectives / hear stories on how others approached the possibility of selling RE assets and using the proceeds to paydown debt on other properties.Here is what I see as potential +’s and -‘s:+ increase cash flow by removing mortgages (so more passive income)+ opportunity to sell underperforming assets- less assets under management (so less potential equity appreciation)- taxable gains (will not redeploy into RE as my sense is we are near the top of the market)- 30 year fixed mortgages in place at low 4-handle rates (based on simple bond math, the value of my liability is shrinking on a relative basis as rates rise)Other facts relevant to my situation:* RE is but just one asset in my portfolio (and I’m fine with that); cash flow and appreciation are great, but I’m looking at the asset class as more of a long term hedge against inflation * not looking to leave my day job and / or replace W-2 income entirely with passive income * don’t need the cash flows from RE; again, I see the asset as a levered inflation-hedging play
Jason Lawrence Have you used dohardmoney.com
5 September 2018 | 11 replies
We look at it like a potential buyer, not an investor who sometimes banks on the property selling toward the range of the higher comps.We don't "send you how to books and tapes" We have a trained staff to help you work on your business- a deal desk that you can call to review any property you have under contract, a compliance team to review risk factors, construction project managers that will vet your contractor bids - in addition to the resources that help you learn THIS SPECIFIC way of evaluating deals- finding the types of properties that do qualify for low or no cash to close.
Monica Bustamante [Calc Review] Help me analyze this deal
2 July 2018 | 5 replies
So I think your vacancy of 3% is low.
John West If it looks like a rat, and smells like a rat....
30 June 2018 | 6 replies
If it's really worth 125k I would ask why you are selling it so low
Karam Charrouf Can someone help me get started
30 June 2018 | 21 replies
I’d definitely read (or listen to) the book on real estate investing with no or low money down.
Joseph Insalata Closing Wholesale deals
30 June 2018 | 5 replies
Since I starting college next year my funds are pretty low and I don't have much credibility for a loan.
Adam Drummond Land Contracts and benefits to seller.
2 July 2018 | 1 reply
And yes I've seller financed RE too via traditional Note and Mortgage (security deed).But I sell on land contract / contract for deed (the same) as well when:- deal price is so low that the closing costs ($2-3k) is an unfair expense for the buyer to pull out of pocket
Bob Crane 10 Unit Apartment in Central Illinois - Heavy Reno Needed
18 August 2018 | 3 replies
It might be worth it to him to get out for a low offer...
Duane Whittaker 57 years old and just started buying rentals. Any ideas?
11 July 2018 | 1 reply
Any other low-risk options or should I stay on the track I'm going, pay as I go???
Duane Whittaker 57 years old and just started buying rentals. Any ideas?
1 July 2018 | 14 replies
Any other low-risk options or should I stay on the track I'm going, pay as I go???