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21 November 2024 | 3 replies
Also, in a 1031 the seller cannot take possession of the funds so you giving him the downpayment to do repairs would be challenging.
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21 November 2024 | 1 reply
Financed by securing debt on a different asset in our portfolio where we could get the best terms given the rising rate environment.
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22 November 2024 | 4 replies
I have no debt, a good stable job making about $60k+ gross, and $20k saved up with about $10k in my 401k that I'm thinking about using some if not all of it towards the closing costs of the home I want to buy.
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20 November 2024 | 4 replies
I am in New York City , I use the car for my rideshare business , I have no problem personally guaranteeing the car, I’m just looking to get it off my personal name so I can improve my debt to income ratio on my personal side .
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20 November 2024 | 13 replies
I always take pictures of every room when the tenant takes possession.
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25 November 2024 | 14 replies
Verify the purchase price, potential rental income, and operating costs to determine whether it’s truly profitable.Understand Debt: Taking on $500,000+ in debt is a serious commitment.
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22 November 2024 | 1 reply
The property cash flows at a 15% ROI…………………..before insurance, debt service, utilities, management, vacancies, repairs, maintenance, payroll and property taxes7.
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18 November 2024 | 1 reply
I currently possess several properties in NC and Las Vegas.
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11 December 2024 | 101 replies
If you buy the right property in Mexico, you can get a higher return by paying cash than if you buy a property with a mortgage in the US, especially right now and you don't have any debt.
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25 November 2024 | 12 replies
There are syndication/crowdfunding funds currently being launched now which intend to take over deals from syndicators/operators (where those same owners would otherwise have to turn the keys over to the bank).Generally the ones in trouble are those that structured too aggressively (high debt, floating rate, etc).