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25 January 2025 | 4 replies
We purchased the house about 3 months ago and are owner financing it.
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10 February 2025 | 3 replies
And also, know everything about operating real estate, if you really want to know the risks: business plan, financing structures, ability to execute, market research to vet their underwriting assumptions, how fees can influence investment decisions...3.
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27 January 2025 | 11 replies
For financing, I recommend you reach out to @Andrew Postell
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11 February 2025 | 11 replies
I'm kind of conservative for this crowd but there may be value in taking the time to save up a down payment if a HELOC won't give you enough and you can't find creative financing on a multifamily.
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29 January 2025 | 7 replies
A deal this small wouldn’t make sense as a partnership unless the original intent was to scale and grow together assuming this deal works out.In regard to the financing, if you can’t get it on your own without someone else’s balance sheet and income then it would be very difficult to untangle that partnership since he’d be a personal guarantor right along side you.
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19 February 2025 | 8 replies
Also, explore creative financing options that might balance your partner’s limited credit/cash flow without putting all the risk on you.If you're attorney can't clearly articulate this, maybe it's time to find a new one.
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4 February 2025 | 3 replies
I'm sure I'm no different in some respects than many other newbies, I just want some ideas on the process of creative financing or maybe how to partner with someone else.