
29 June 2024 | 1 reply
I'd have interest in facilitating these types of deals and paying you that fee that's nothing for the value you are bringing if you really are. that's about 2 points on a hard money loan which isn't a lot, if you are flexible on payment structures we'd pay you out of construction draw proceeds each time we receive money we pay a portion of your commission back

26 June 2024 | 22 replies
THAT is awesome diversification, and diversification (to me) is more important than the extra money that active MF investors may or may not make.

26 June 2024 | 8 replies
An Attorney will help with creating an LLC.LLC is not required, may make getting financing more difficult.It may provide some asset protection.Most of the asset protection that you need will come from the insurance policy.Discuss with the insurance agent on situations that you are not protected.Have a discussion with an attorney if your extra concerns can be protected through an LLC.

29 June 2024 | 2 replies
A lender usually a DSCR loan from a hard money lender.

29 June 2024 | 26 replies
He wanted cash so I Zelle'd Katrina $450 + $15 (she wanted gas money).

29 June 2024 | 1 reply
Just light your money on fire.
27 June 2024 | 9 replies
It means an extra call/text for whoever is giving notice or letting the person in, but it will make sure it doesn't happen again.

29 June 2024 | 4 replies
If you cash out equity in a property, you are "borrowing" that money from the lender.

25 June 2024 | 2 replies
One hard money lender told me they don't do loans of that nature, and I am meeting with a different one tomorrow.Curious if anyone has any solutions.Thanks!

29 June 2024 | 6 replies
Sometimes, charging LESS rent actually earns you MORE money in the end!