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6 February 2024 | 14 replies
U don't need partners if you have cash.. just be realistic on how much cash you need to pull this off I have no clue as to your financial position or experience level.
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5 February 2024 | 15 replies
The mortgage will be a non-recourse loan, which means that your personal assets are not at risk if the borrower defaults on the loan.The overall BRRRR strategy involves buying a property with SDIRA funds, using a PML or HML for rehab, renting it out for income, refinancing to retrieve the initial investment and equity, and then repeating the process with the acquired equity.
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5 February 2024 | 7 replies
Also keep all your financial records separate for the rental from your personal and see if you need a separate account for the security deposit.
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5 February 2024 | 13 replies
I want to help families build their financial legacies through real estate.
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4 February 2024 | 6 replies
This can usually be found within the syndication agreement.Real Estate Investment Trusts (REITs): If you’re invested in a REIT, the dividend payouts could potentially be increased by performing a cost segregation study on the underlying assets thus accelerating depreciation.
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5 February 2024 | 7 replies
Buyer (wholesaler) has no financial clause.
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5 February 2024 | 6 replies
Of course there are some neighborhoods within Greenville that are better than others but you have to do your homework. the pro is that you can find deals that still make financial sense, especially since COVID started it hit some landlords hard, so there are some motivated owners out there
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6 February 2024 | 14 replies
Indeed, there's a huge opportunity cost as you have to encumber a US asset and you won't be able to tap the equity in your US property for another purpose in the future, while you won't be able to use your Mexican property as collateral.Even though it's not very common, you can, as a foreigner, get a mortgage from a bank in Mexico.
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4 February 2024 | 9 replies
I have always heard the saying never sell an asset when building wealth.