Jake Harrington
Is hard money recommended for your first flip?
8 June 2024 | 21 replies
Quote from @Robin Simon: Its definitely dependent on a lot of variables, personal situation/risk tolerance, etc.But high-level, I would say that there can certainly be a balance - sometimes people forget that when using hard money or any sort of financing, for some reason you need to "MAX out leverage" - i.e. do a 100% financing for a flip or a max cash-out refinance etc..However, most hard money lenders would be totally willing to do a lower leverage loan (and would probably prefer it) such as 50% or 60% LTC instead of the usual max amount.
Kevin Leahy
From D.C. starter condo to Airbnb to corporate rental
7 June 2024 | 14 replies
*One quirk that made financing more complicated: the banks got nervous when they saw that just two people (the investors I mentioned earlier) own more than half of the 48 units, and wanted a big down payment.
Daniel Bates
Short term/hospitality airbnbs- Any advice would be greatly appreciated!
7 June 2024 | 3 replies
Hey yall my husband and I are trying to get started in short term/hospitality we are looking in Oklahoma since there are so many people from Texas that daycation there but we have never done anything like that before.
Luis Perez
Looking to meet and learn from some local investors!
7 June 2024 | 4 replies
But I really feel now is the time to jump and start meeting and talking to people.
Avrohom Green
I have $20,000 in cash is there any way to get into the market?
7 June 2024 | 19 replies
Then you can start investing in assets (here it comes) with Other People's Money.
Caroline Schneider
ISO: Every member of a multifamily real estate team here in MD
6 June 2024 | 11 replies
So here are my questions: while there are sections on this site to find people to create your team, how do you know who are the best people to be on your team when there are so many?
Sammy Habbaz
PSA: Changes to TN franchise tax. Refund Possible
7 June 2024 | 1 reply
Some people have already received notices, but not everyone eligible will be notified.
Randall King
Electronic Rent Collection
6 June 2024 | 6 replies
I've found most people have moved from sending checks via mail.
Shelli Schilke
Wholesale Deals: Potential Unscrupulous Buyers
7 June 2024 | 2 replies
Having good, mutually beneficial relationships with all the right people is paramount for success.
Peter Gulati
Generation Z Advice Needed!
7 June 2024 | 11 replies
This ensures they are keeping an eye on everything, they get to see what it's like to be a landlord, they have to take responsibility for the lawn and other maintenance, they will learn to deal with people issues, and more.