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9 December 2024 | 2 replies
Treat your family private lender like (or better than) any other private or HML: promissory note and lien recorded against the property.
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24 December 2024 | 25 replies
What I’m discovering is that just because a town allows STRs doesn’t mean the local laws make them operationally feasible unless you meet very specific criteria.For example, in Highland Lakes, access to the lake requires private membership, and it’s unclear if STR guests can use it.
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21 December 2024 | 10 replies
Also I am thinking now that these are small rural counties with population in the entire county probably no more than 50k or so.. at least with most of those folks living in the city of Oroville which is right on the border with British Columbia In my flying days I would go into Oroville to get through US customs compared to going into one of the airports Airports north of Seattle .
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14 December 2024 | 2 replies
Planner 5DPlatform: AndroidFeatures:Supports both 2D and 3D floor plans.Allows you to scan walls and create floor plans as you walk through a property.Offers a vast library of furniture and decor items to customize your plans.Bonus: Projects can be synced and edited on Windows through their web platform3.
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16 December 2024 | 11 replies
Is there something I need to do to get my phone number and name disassociated with these properties or at least made private?
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17 December 2024 | 14 replies
Private money or family money is best to get started.
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17 December 2024 | 36 replies
I am a member of a private group that puts these syndications together ONLY with members of the group.
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5 December 2024 | 12 replies
To expand, @Ben Whittington, Dennis Doss and Anthony Geraci’s firms can prepare a customized set of loan docs for you in any state.
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18 December 2024 | 2 replies
To do so, I need an initial team who can cover the following aspects of these projects:- Wholesaler- Contractor (Inspection oriented)- Equity Partners (Project Incentives)Once the deals are in place, the financing support will be through personal capital for upfront costs, with the intention to raise private capital and include hard-money lenders as-needed.
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17 December 2024 | 7 replies
As someone who deals and talks to real Private Lenders (small shops run by a guy who lends his own capital and doesn't use big box), they have a hard and fast business model that produces the rate of return they need to remain profitable and curb the risk on their cash.So the best product for a budding fix and flip investor is the bridge loan which includes acquisition money and construction money.