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27 July 2020 | 8 replies
It is vital to have a good understanding of the requirements of each kind of loan and how the various alternatives work before approaching a lender.
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27 July 2020 | 13 replies
Alternatively lots of online fax systems and tenants can often just photograph with their phone and use a free fax service like FaxZero.com to send them over.
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31 July 2020 | 29 replies
I want to know how easy it is to finance through a traditional lender or if finding an alternative financing method is a better way to go.
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24 July 2020 | 6 replies
My payoff timeline accelerated quite a bit and when my loans dropped under 10k, it really fueled the fire under me.
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27 July 2020 | 9 replies
(An alternative for aging trailers, will continue on such city lots, indefinitely, is to build roofs over them, & then enclose them in conventional frame walls, so that they are turned into facsimiles of frame-built houses.
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27 July 2020 | 85 replies
It sounds like you’ve done your homework and 3% is as good or better than the alternatives.
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28 July 2020 | 15 replies
I am not necessarily recommending this but it is good to think of other alternatives.
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27 July 2020 | 2 replies
I was thinking of the following options:1) Pay X amount per rent for tenants to move out2) Live as a roommate for a large reduced rent while the tenants is moving out or until lease is up3) Figure an alternative way to make the property my primary residence, maybe living in a trailer in the backyard?
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24 July 2020 | 7 replies
With alternate acquisition funds like an asset-based line based on the deal or something similar, we may be able to scale up to multiple deals simultaneously.Looking for advice on what others have done to increase their acquisition velocity where it isn't dependant on how much equity we have in our portfolio, but based on the deal itself.For example, if 3 deals cross my desk that are solid, I would prefer not to be reliant on whether my HELOC is tapped at the moment the deal crosses my desk.
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31 July 2020 | 4 replies
Made a move into Radioactive Materials Remediation (I know weird move) and was hired by a large oil and gas company 2.5 years later as their Radioactive Materials Manager, learned explosives compliance along the way and spent my last 5 years there traveling all over the U.S. as their Corporate Radiation and Explosives Manager. 2017, Good Job, Good Pay, New Baby and then a heating fuel oil truck had a spill on my property and made its way into my home and under my homes footer, DEP got involved and to remediate it they had to tear down the house and we lost everything.