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18 February 2025 | 35 replies
I funded one flipper over in the two towns just south of Madison.. but he died mid stream and I had to just liquidate the properties..
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15 January 2025 | 5 replies
Selling multiple properties in a 1031 exchange to consolidate funds for one investment property is allowed, but the property must initially be used solely for investment.This post does not create a CPA-Client relationship.
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13 January 2025 | 15 replies
Even first-time flippers should be able to get these terms: Application/Credit Report/Upfront Fee: $0Appraisal Cost: $0Down payment: 10% of purchase price (= 90% LTV)Rehab funding: 100%Interest payments: Paid only on amount drawn (non-Dutch)Prepayment Penalty: $0Reserve Requirement: $0Max Funding: 80% ARVMax Funding 95% LTCClosing time: Measured in days, not weeksI hope this helps.
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29 January 2025 | 10 replies
Because of this, most of our clients refinance their properties somewhere between year 2-4, using the funds to buy another property.
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10 February 2025 | 24 replies
Cameron Dunlap claims to have studied with Carlton Sheets and claims to be offering transactional funding for wholesale deals.
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19 February 2025 | 34 replies
Any mixing of personal and LLC funds can compromise this liability protection, potentially making you personally liable for any claims or lawsuits.
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16 February 2025 | 29 replies
For me, it was live in flips, short term rentals, mid term rentals, good income with a solid savings rate, buying after tax index funds, paying off the primary house, driving old cars, moving a lower cost of living area (from Houston to small town Maine), and selling a business to push me over the top.
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16 January 2025 | 21 replies
Not a lot of our competitors offer this but it's something we can consider (but for us, it can't be in a rural area, the loan amount must exceed $150k, if we're using PadSplit income (or STR/MTR income) the max LTV is 75% and the down payment must come from your own funds).
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27 January 2025 | 11 replies
You have numerous funding options so pick your poison.
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13 February 2025 | 22 replies
@Travis Gutting Open a prop stream account, fund it with some skiptracing credits and go to work!