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24 December 2024 | 25 replies
What I’m discovering is that just because a town allows STRs doesn’t mean the local laws make them operationally feasible unless you meet very specific criteria.For example, in Highland Lakes, access to the lake requires private membership, and it’s unclear if STR guests can use it.
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19 December 2024 | 4 replies
Bird dogging is a way to make money but its not gonna get you rich.WE have had many do some birddogging for us on the private lending side to find qualified people that need a loan and its interesting how many last a few weeks - I sense the same holds true for real estate bird dogs.
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24 December 2024 | 6 replies
You bet I did.
20 December 2024 | 2 replies
I don't know how to make this happen but the numbers work well, so I'm looking for creative advice/equity partners/private money/hard money for how to make this happen, and then when my business sells I can pay back the loan and find financing at that point to continue the rehab.
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18 December 2024 | 7 replies
The net result is basically the same, but it keeps the two properties separate from a lenders perspective.Any low down payment money, particularly on an investment property, is going to come from a private money lender.
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19 December 2024 | 10 replies
@Shawn Tuma & @Chris KayVery difficult in today's market to cashflow putting 0% down:(5-10 years ago it was possible, but prices have increased faster than rents.Your best bet is to find a property that needs work, but will still pass a VA appraisal/inspection.
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11 December 2024 | 7 replies
I would look at private money lenders who can consider giving your a line of credit based on a multiple of the cash you have.
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9 December 2024 | 2 replies
Treat your family private lender like (or better than) any other private or HML: promissory note and lien recorded against the property.
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16 December 2024 | 4 replies
As a rental, tenants will likely prioritize the location over minor inconveniences.Your strategy of betting on appreciation and eventually pulling equity makes a lot of sense in this market.
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16 December 2024 | 11 replies
Is there something I need to do to get my phone number and name disassociated with these properties or at least made private?