Mark Dutton
I hate having mortgages
18 October 2024 | 34 replies
I use this to illustrate or emphasize that leverage and associated risk is often times more tied to the collateral than your personal income/liquidity.
Isua Mbang
Has anyone used the “All in one loan” with CMG Financial?
21 October 2024 | 59 replies
Also, even on a fixed 30Y with no extra payments, you’re still paying down SOME principal (maybe like 5k in Y1 in this scenario).Although it’s nice to have the liquidity of 1L the heloc, I believe 2nd liens are still pretty cheap and fast to close.
David Kanarek
Beware of Norada Capital: Caveat Emptor My Fellow Small Investors !!!
24 October 2024 | 88 replies
Here are the terms:• 12-month term• 17%Interest(Annual)• Quarterly interest payments• Securedbyequity(not real estate-based) • $250k minimum investment• First-come basisFeel free to book a short 10-15-minute call if you're interested in learning more.Marco SantarelliPartner, Money Is MastermindBook a 15-Minute Call With Me Here----~---------Please notice that nowhere does he mention in his new solicitation the problems his business is encountering in the previous week’s e-mail !!
Nick Bednarczyk
BRRR investing at its Best!
18 October 2024 | 1 reply
For BRRRR investors, seasoning requirements can significantly impact your ability to quickly recycle your capital.While most lenders require you to hold the loan for at least 6 months (aka "seasoning"),Fabulous 5BUY - short-term bridge financing to help you with investment property acquisition.REHAB - With up to 100% rehab financing, you can stay liquid through renovations.RENT - Tenant in place or future tenant.
Anna Ramashkevich
First time investor looking to chat!
21 October 2024 | 25 replies
Columbus, Dayton, and Cleveland are my favorite markets here.
Caleb Campbell
Favorite boards games/apps/video games to teach kids investing
16 October 2024 | 9 replies
Hello all! I try to teach my kids the importance of investing and show them real life scenarios any chance I can. Does anyone have any recommendations for board games, apps or video games that “accidentally on purpose...
Clay Teegarden
Fix and flipping tax implications.
17 October 2024 | 9 replies
I feel like I e read before that 25% of net profit is a good rule of thumb to set aside for those taxes, but what have you all found to be true?
Johnny Jay
Finding "Tired Landlord" Lists
16 October 2024 | 3 replies
What’s your personal favorite list to pull?
AJ Smith
PML > CDs All Day Long
14 October 2024 | 8 replies
So many ways to make your money work for you in this world.Whats your favorite way?
Megan Collins
Beginner Investor - Fix and Flip need lending
17 October 2024 | 5 replies
Just google Ohio Real Estate Convention and you should find it somewhere. 2) Some individuals are interested in passive real estate investing, but have little liquid cash, but significant savings in IRA and 401k accounts and are looking to diversify beyond just stocks, mutual funds, and other public market assets. 3) Always important to work with an attorney, title company, and or closing attorney as you work with a private lender.