Jessica Stern
No seasoning period for cash out refi?
1 February 2024 | 18 replies
But the main purpose behind the seasoning requirement is to give the market time to reflect the change in property values and avoid artificially inflating values on the asset itself.
Timothy Albright
What happens if buyer cant pay / Seller financing
1 February 2024 | 28 replies
Unfortunately, it is doubtful that you could agree to a deed in lieu of foreclosure in advance, but if you strike the financer as a reasonable buyer who isn’t going to be a pain in the rear or a jerk who is going to leverage his own financial misstep into a give me cash for keys, then you might be able to persuade the financer into accepting your sweetened financing terms.
Account Closed
Flip Gone Wrong- Advice Wanted!
1 February 2024 | 23 replies
depends on if losing 50k demolishes you financially.. if not sell it and move on. other wise refi and keep
Bette Hochberger
Strategies for Minimizing Capital Gains Tax on Real Estate Sales
1 February 2024 | 4 replies
Fun not obvious one: Bonus depreciation from other equipment assets (ATMS, cars, etc)
Paul Hernandez
Had anybody heard of Joe Arias?
2 February 2024 | 13 replies
The best way I've found to make this decision is to compare the activities with your goals, both short- and long-term, decide which will have the biggest ROI (considering expected growth/success in comparison with time/financial investment), and commit to those activities for a set amount of time, usually 4-6 months, before re-evaluating.
Michael Norwood
$20K Monthly Cash Flow - The Challenge is On! Seeking Your Guidance
30 January 2024 | 68 replies
Once done I'm officially financially free and not entirely sure yet where I'll be investing.
Sawyer Pruett
Looking for Reliable Datasets on Population Projections, Crime, Local Economy, etc.
2 February 2024 | 10 replies
Finding information on the financial side of many markets hasn't been a major problem so far, but I'm struggling to find accurate and up-to-date Real Estate adjacent statistics such as population projections, tenant demographics, crime, main movers in local economies, environmental risks, etc all stratified by city (or even better neighborhood!).
Jimmy Danblaus
If you buy a house for below 80% ltv do you still have to put a down payment?
1 February 2024 | 17 replies
They will also not to exceed between 80-90%LTC up the the MAX ARV.Hard Money Example: ARV = $100,000Purchase Price is: $35,000Cost to Rehab and Stabilize the asset is: $38,000The Max Loan Amount, using 65%ARV, would be: $65,000This example's Loan to Cost (LTC)= Purchase Price+Rehab Costs = $73,000In this scenario, the Lender would lend $65,000 (The MAX % ARV because your LTC exceeded the Max ARV percentage) causing you to come to the table with the remainder of $8,000+closing costs and reserves (as applicable).Hope that helps some and again..this is a very simple explanation
Joel Oh
Adding a playground for my Airbnb
31 January 2024 | 12 replies
Plus, if you have the correct asset protection and Proper Insurance coverage, you should be fine if something happens.
Ane Deys
Investing in a REIT
31 January 2024 | 5 replies
They can access better financing generally especailly financial instruments, have the scale, and its pretty much completely passive to you.Its certainly much easier to invest via a REIT into various commercial spaces, especially also when the investment isnt' near you.