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13 March 2024 | 10 replies
A bank would ask for 20-30% down on the purchase and would provide 100% of financing of the construction .
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13 March 2024 | 8 replies
That is our REI buffer and isn't discussed enough IMO.I did well with lower priced singles, but this was when prices were lower up to 2018 ish and I bought with seller-financing or cash.
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13 March 2024 | 3 replies
The second option would be to close on both properties with financing.
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13 March 2024 | 0 replies
We have two new construction projects getting ready to break ground, 2 cash out delayed financing loans in process, and almost at the end of our first debt cycle, getting ready to emerge into the next phase of our growth stage.
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12 March 2024 | 24 replies
Depending on financing, it could cash flow anywhere from "meh" to "I can live with that".
13 March 2024 | 70 replies
If you are actively buying using creative finance, at some time you will be sued.
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12 March 2024 | 7 replies
However, the bank indicated they cannot finance the 6-unit property and I would need a commercial loan for it.