5 March 2024 | 7 replies
(I only do creative financing deals and not everyone understands those.)
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4 March 2024 | 14 replies
Get your finances in order.
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4 March 2024 | 4 replies
However it would be a good idea to consult with a lender if the strategy is to BRRRR, finance the entire deal, etc.
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4 March 2024 | 8 replies
Also talked to various finance professionals to get creative on getting across the finish line.Initially it was me and one other GP, but we brought on a third GP to help us raise recently - pending him actually helping raise the funds.We're looking to raise 900k, 700k to close. 400k raised so far (including GP equity), 300k more needed, with 2 weeks left to close.
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4 March 2024 | 5 replies
I think you will find it challenging to execute BRRR on a 65k property because banks don't finance that low.
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2 March 2024 | 2 replies
Increase leverage on your Construction Financing for your new builds.
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4 March 2024 | 3 replies
Be sure that the plumbing and electrical are all good before replacing walls or ceilings or you could have serious trouble and expenses down the line.Regarding finances: I have used QuickBooks Desktop version (saves a lot of money but does not get the constant updates) for five years.
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4 March 2024 | 6 replies
I am open to creative financing advice as well.
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4 March 2024 | 5 replies
I found motivated sellers from the notices of default in the local paper, wrote them letters and bought houses with seller financing.