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7 December 2024 | 33 replies
Congrats on securing a good job!
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28 November 2024 | 10 replies
Verifying last 2 years of rental history and income extremely important to find the “best of the worst”.Make sure you understand the Class of properties you are looking at and the corresponding results to expect.The City of Detroit has 183 Neighborhoods we’ve analyzed.PM us if you’d like to discuss this logical approach in greater detail!
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1 December 2024 | 68 replies
Securities and Exchange Commission (SEC):- https://www.sec.gov/complaint/select.shtml3.
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2 December 2024 | 6 replies
@Tanner Lewis, is right, if you want to consolidate all of that debt into one loan then place all the debt so it is secured by the property, sell the property and 1031 into another property with one loan.
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2 December 2024 | 6 replies
We secured a 200k USD senior debt position which allows us to avoid raising so much equity.
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5 December 2024 | 20 replies
Being in control of the contract, understanding the market you're buying in, and securing the right price are the foundations of a solid deal.
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30 November 2024 | 0 replies
This access allows them to match investors with the most appropriate lenders, often resulting in favorable loan terms that align with the investor’s financial capabilities and project timelines.Moreover, a skilled private money broker excels in navigating the complexities of securing financing.
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2 December 2024 | 34 replies
Investor side: Pitch it to your private investor as 12% interests on a 5-year private loan from your investor to secure the $30k.
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2 December 2024 | 35 replies
@Mike TikhRecommend you first figure out the property Class you want to invest in, THEN figure out the corresponding location to invest in.Property Class will typically dictate the Class of tenant you get, which greatly IMPACTS rental income stability and property maintenance/damage by tenants.If you apply Class A assumptions to a Class B or C purchase, your expectations won’t be met and it may be a financial disaster.If you buy/renovate a Class A property in Class D area, what quality of tenant will you get?
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1 December 2024 | 9 replies
Also I am curious if you had to disclose any personal assets even if you did not use them to secure these loans in other to enter an agreement with them.