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9 January 2025 | 28 replies
My below recommendation is something I'd do only if I had these things in order...But what I would do is put that money into lead generation dollars through Google PPC to generate new seller leads.I'd then close these deals and either assign the contract to a cash buyer OR novate the property on the MLS with the help of a local agent.After that when you have some good coin in the bank you can explore more investment options at your disposal.And just so you know -- I consider myself someone very low on the industry totem pole due to my small amount of experience.
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27 December 2024 | 22 replies
I'm also working on upgrades for THE MTR Connect - better scheduling, automations, guest speakers, social media - all to help promote the collaborative and supportive space my colleague @Jamie Banks and I have created.
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25 December 2024 | 4 replies
It is far more difficult to secure bank financing for modular housing than stick built.
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25 December 2024 | 4 replies
Then a bank will lend on the two as if they were one and that will result in a higher lending amount.
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28 December 2024 | 3 replies
I've also heard it can be a good thing to have some debt against a property because if any issues arise legally, the bank will be the first line of defense.
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23 December 2024 | 3 replies
I realize there are not many banks that offer this.
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23 December 2024 | 3 replies
And you basically bank 21 nights then get to use 21 nights from someone else.
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23 December 2024 | 5 replies
Personally, I love them because they offer built-in diversification.In my experience, local banks are your best bet for financing mixed-use properties.
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21 December 2024 | 10 replies
That includes going to the bank and getting a cashiers check.Pay them at the bank, get deed notarized there, then take it to Register of Deeds and file deed.I have done this a half dozen times to keep from missing out on a great deal.For what I'm paying any risk is negligible.
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3 January 2025 | 8 replies
The banks have been encouraged by the fed to work deals out with borrowers and I think that will continue to happen.