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27 December 2024 | 8 replies
They also want a priority lien on the property.It sounds like you are looking for someone to fund your down payment, I would be looking for an equity partner over debt as nobody likes to lend money in insecure positions, especially when a borrower lacks skin in the game.How much are you planning to come in with yourself?
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31 December 2024 | 6 replies
We are feeling very positive about the outlook for 2025.
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2 January 2025 | 12 replies
I call this dumb debt: Quick note; the deferred sales trust can save a failed 1031 exchange( cost zero to have this option, nor does it take any of the identification property positions) (It's wise to always have a back up plan)More on Dumb debt.
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15 January 2025 | 34 replies
And because so many Americans refused to look at the truth, were here in this position.
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18 December 2024 | 5 replies
I picked Las Vegas because it’s close to me and California is out of reach. I see lots of properties on the market but almost none of them makes the .5% let alone 1% rules, so why would any investor buy them? In most ...
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2 January 2025 | 5 replies
Id go right into looking at local credit unions and small community banks for HELOCs (lines of credit) so you can have a lower blended rate and draw/payback as you please.For the 3F - Since this is free and clear, you would only be looking at 1st position options here in the world of financing.
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20 January 2025 | 62 replies
I have positive feedback on them.The time between appraisal to notary signing is 10 days.
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7 January 2025 | 20 replies
For someone in your position, starting small but strategic might be the best move.
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9 January 2025 | 44 replies
Once I've done that multiple times and I'm getting positive feedback on my numbers it will be time to begin the real journey.
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28 December 2024 | 24 replies
Would there be a certain area that may impact the business positively or negatively?