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Results (10,000+)
Alex Ng Using private money for Creative financing deals
30 March 2024 | 11 replies
It depends on the deal, but what we did was give the PMP (Private Money Partner) 50% equity in the property to fund the entire entry fee.Thats not necessarily a rule of thumb.This to me is a sliding scale based on the Cash on Cash return you can expect.Further , we offered our partner 75% of the cash flow until they are paid back in full, then the cash flow return drops down to 50%.All liabilities would also be split 50% with this partner.We called the company we use , who establishes our LLCs, opened an LLC, wrote up an operating agreement and a JV agreement that outlined all of our responsibilities for the asset.
Chelsea Allen LLC formation and loan
30 March 2024 | 8 replies
It may impact the loan and will require you to pay transfer taxes based on the assessed value, deed prep and some additional accounting fees to address basis.
Jacob Straussen life insurance - need multiple brokers?
29 March 2024 | 5 replies
based on my calculations, I've decided on term life, 20 years, 2 million.   
Gino Cerrone Any advise for an aspiring 19yr old
29 March 2024 | 13 replies
Hi Gino, It sounds like you've already taken some significant steps towards building a career in real estate investing, and you have a strong foundation with your education and work experience.
James Wise Renters shouldn't be allowed to be Realtors. Owning a home should be a requirement...
31 March 2024 | 61 replies
So, again, we have to do their job and chase the seller for that info.So, based upon our 24+ years of experience with agents in these capacities, we're all for raising the bar!
Jerryll Noorden Want to learn Wholesaling , Lead Generation The Right Way?
29 March 2024 | 20 replies
Hey even flipping we're good at.Ask your questions here, anything counts, in one place and I will give you a solid data-backed (NEVER opinion-based) answer.In case you don't know me, My name is MSOOTKAUG, and am quite damn good at generating actually motivated seller leads, ranking websites #1, Credibility, and Conversions and people usually have to fork over their first=born child to have me consulting them.
Matthew Ginsberg Tenant Water Bills
29 March 2024 | 7 replies
In a situation like that I think you are doing the correct thing in billing back the tenant because the utility is based on usage and not a flat fee that you can bake into the rent price.
Laura Winegardner Factoring potential STR income into budget for house hack?
30 March 2024 | 7 replies
Even if you are actively operating as an STR the lender will look to tax returns for income, so if it has been less than a year they will still go on LTR income.You need to factor in that your lender is going to underwrite any loan based on LTR income only. 
A.J. Vanderhoff Seller financing a triplex - $500k, $80k down, 6% - I don't have $80k, help?
29 March 2024 | 31 replies
Also, based on the need for capital, will you be operating the deal based on your experience?
Jeffrey Sommer Average Repair Cost Crewe, VA
29 March 2024 | 3 replies
Based on the information you gave, no one can give a decent price, but sure $100k might cover all that....