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19 August 2024 | 42 replies
I made the mistake of buying his book with "12 hours of bonus video content" that is basically Pace talking about each chapter of his book as he drives around to some of his properties.
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14 August 2024 | 2 replies
Buying carefully will increase chances of success.
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14 August 2024 | 20 replies
Zach also helped educate me about the process and gave me some information that other contractors did not.
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15 August 2024 | 86 replies
I figure that I’ve gotten so much from everyone at Bigger Pockets, and there is so little information on the hard numbers of how non-professional investors do, that I should give something back.
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18 August 2024 | 2 replies
Do a Google search for "Boommates" and you'll find references to the Golden Girls TV show and discussions about two significant issues older people face: the high cost of housing and loneliness.For younger people, we call this "house hacking," where someone buys a house and takes in roommates to help cover the costs.
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15 August 2024 | 11 replies
Thanks for the information, fellas.
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16 August 2024 | 7 replies
You can get these with rates starting at 6.75%, and they don't require any of your personal financial information since they're an asset-based loan.One problem many lenders can run into with condos in FL is whether or not the condo is warrantable or unwarrantable.
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17 August 2024 | 13 replies
this is a toughie. hard money specifically is equity-driven, meaning they'll likely want 40%+ down to even entertain the deal. additionally, land without improvements is often very inexpensive (relative to land with improvements), usually pushing below a threshold which makes sense for a hard money lender. if you're not intending to build right away, then i think you'll have the best luck with private money instead of hard money. usually higher leverages than hard money, and more negotiable terms.if you are intending to build on it pretty right away, a ground-up construction loan could work, but those will typically require some ground-up construction experience (on title on other ground-up deals), or an extensive portfolio of heavy rehabs/ rentals/ strong liquidity. those will give you acquisition monies (to buy the land) and build monies (to build the improvements).
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16 August 2024 | 8 replies
You only need a place to track tenant information, payment history, maintenance, etc.
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15 August 2024 | 8 replies
I don't personally buy assignment real estate but I am on countless mailing lists.