
12 December 2024 | 17 replies
Not just a larger group of attendees, but a group that is beneficial for all who do attend as a result of the strength which each person brings and shares.

13 December 2024 | 4 replies
Obviously, they will pay less for these loans because of the resources they spend upfront.Most of the larger private lending firms will participate in correspondent loans.

11 December 2024 | 0 replies
Purchase price: $65,335 Cash invested: $32,301 Sale price: $197,500 Was my second BRRR investment but ended up selling the property to move into a larger one.

11 December 2024 | 1 reply
This makes them ideal for investors with growing portfolios or those looking to take on larger projects.Portfolio lenders often offer more flexibility with their terms, allowing for creative deal structures and quicker closings.

9 December 2024 | 1 reply
Ask the title company or closing attorney.I would think that trying to move the ownership out of the inherited IRA or change the deed might be considered liquidating the IRA and trigger taxes.

10 December 2024 | 25 replies
In a syndication you have low control and also limited liquidity.

12 December 2024 | 6 replies
In most cases, 6-12 months is a more realistic timeline, especially for larger rehabs or when you’re trying to maximize the property’s after-repair value.

10 December 2024 | 7 replies
Most lenders are going to want to see a few big things from the ownership group. 1) The borrower will be the enitity (LLC, S-Corp, etc) and any owner with usually 20% or more of ownership in the entity will be expected to guaranty the loan, 2) We'll want to see some experience doing similar projects from at least one of the main owners, 3) We'll want to see bank statements showing liquidity enough to cover the intial cash injection (down payment), the closing cost, and some cash in reserve.

11 December 2024 | 6 replies
If you can hold on till first part of January the showings and everything else should pickup.This would be my action items: 1. hire a new agent that can sell the place, and get you numbers are rent and selling and sell the place. 2. be honest on the numbers you can get on an ARV so that you can sell it 3. start to get the conversation started with a couple lenders on what these numbers on refi would look like for you and this property 4. my suggestion would be to refi/rent before selling at a loss because if numbers work you can hold for a couple years then sell, but this is dependent on your cash position and liquidity of your situation.

9 December 2024 | 5 replies
Many investors aim to jump straight into turnkey properties or multifamily deals to scale quickly, but the truth is that most people don’t have enough liquid capital to maintain consistent growth this way.