Sarah Reece
Looking to Move into the Hard Money Space - Feeling Stuck
6 May 2024 | 37 replies
The more established borrowers with a track record likely have their banking relationships in place so how to you earn their business?
Nicholas Pisano
WHAT WOULD YOU DO? First deal breakdown inside. Second deal advice needed.
7 May 2024 | 3 replies
For example, if you don't like the area in terms of the rental market (ex. high crime area, rural, low cash flow, no appreciation), it would make more sense to just to flips.
Ashley Miller
Fix and Flip - Sourcing Off Market Homes
7 May 2024 | 6 replies
Any advice on how to better source properties so that I can help the team grow their flip business?
Shankar Patil
VRBO Guesty integration not working
8 May 2024 | 9 replies
Integration Audit Report dated 2023-05-27T13:09:02ZThis report provides a view to the health of your most recent integration run.Advertiser: "****"Advertiser index processing failed with errorAdvertiser Olb Provider not found.Contacting Integration Support It's always best to use Guesty for Pro, though it's expensive it has all the features to support your STR business.
Robin Evans
Self employment or long term investment income
7 May 2024 | 8 replies
It only matters as step 2, AFTER you already determined that it was a capital gains deal, as opposed to ordinary business profit.Step 1: Business or capital investment?
Wes Holmes
Hard Money Collatoral
7 May 2024 | 9 replies
That even though I'm borrowing through an LLC...essentially business to business.
Ryan Mortimer
DMV - Hard money lender vetting/recommendations
8 May 2024 | 9 replies
Rates: 9% to 13% (Most Deals are 11-12%)Terms: up to 36 Months (Most Deals are 6-12 months)Fees: 2-4 points(%) of loan amount paid at closing (Most Deals are 3 points(%))Minimum Loan Amount: $50,000 (For loans less than $250,000 $2,500 minimum fee)Max Loan: 65%-70% of After Repair Value(ARV)100% Rehab Financing Available (Require 20% of purchase price down payment or cross-collateral)Closing Timeframe: 48 Hours - 3 Weeks (Most Deals are 2 Weeks)NO PRIMARY RESIDENCES, NON-OWNER OCCUPIED ONLY, BUSINESS AND COMMERCIAL USE ONLY.
Danny Nelson
What am I BEST set up for?
7 May 2024 | 4 replies
. - Experience with growing and scaling a business (Started and grew my high-end tile business.)- Licensed Builder (wanting to build my own MF units) - Skilled laborer.