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20 June 2024 | 13 replies
You aren't the first person to suggest it, however.
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20 June 2024 | 6 replies
@KiKi Wood Is your person for STR set-up in Indianapolis!
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21 June 2024 | 20 replies
@Kiefer Cheney your best "farm area" is your personal network!
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19 June 2024 | 18 replies
Or even riskier: a commercial balloon loan with a high interest rate and a personal guarantee that is due IN FULL after 5 years!
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20 June 2024 | 5 replies
My favorite part is having a dedicated contact person that walks you through the entire platform and helps you get set up.
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18 June 2024 | 121 replies
They don’t have an office but a single person who answered.
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20 June 2024 | 33 replies
I really just wanted to see if there is anyone out there with positive or negative personal experience.
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21 June 2024 | 3 replies
The deal was done.Banks and checks didn’t exist for them and so every month I would personally go to the property and collect the rent in cash.
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20 June 2024 | 4 replies
I would also look up the statue of limitations for the tenants to come after you.This might be a personal liability insurance question.
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19 June 2024 | 7 replies
They're revolvers - they're meant to be drawn and paid down relatively quickly to meet liquidity needs - such as making a cash acquisition or funding a rehab.