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26 January 2025 | 16 replies
I know I won’t actually be getting that right away because it should be going to savings for emergency funds for the property.
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20 January 2025 | 2 replies
You can't commingle funds. 3.
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20 January 2025 | 4 replies
Once the funds are up and they can't repay the loan(s) back because offering free services are just enticing new investors that do not have a real system setup.
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26 January 2025 | 32 replies
Once you have a deal they will guide you through the process and even help you attain the funding with out coming out of pocket or using your personal credit.
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14 January 2025 | 9 replies
Fine-tuning your savings, building a reserve fund, and running detailed ROI projections will help solidify your plan for long-term success.Good luck!
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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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22 January 2025 | 13 replies
Donating money to large (FEMA, Red Cross), local organizations or Go Fund Me pages would be the quickest way.
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27 December 2024 | 13 replies
@Eric Miller Choosing between one $600k property at 70% LTV and four $300k properties at 95% LTV depends on your goals, risk tolerance, and management capacity.
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20 January 2025 | 1 reply
After 45 + years as a real estate investor, broker, lender, fund manager and syndicator, I’ve become aware that the “dream” of many investors and investor “hopefuls” is to be able to generate enough cash flow to live off their real estate holdings and accumulate enough wealth to make “work” optional.
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4 February 2025 | 38 replies
Since the properties are in New York you have a few extra steps you need to do to keep all of your funds out of NYs hands at closing.Here's an interesting BP thread on the South Carolina property tax issue you mentioned. https://www.biggerpockets.com/forums/725/topics/604427-south....