Patrick Bergeron
Cash purchase with a quick refi
13 February 2024 | 7 replies
I’m looking to use the delayed financing exemption in order to pull as much money out immediately and recycle my capital.My goal is to keep this tenant in place for as long as possible, so I’m looking for some ideas to bring the value of the property up prior to appraisal while keeping the tenant in place.
Junior Jaquet Hernandez
Pre-construction investment benefits in the Dominican Republic, Punta Cana and other:
13 February 2024 | 0 replies
In this post, I share with you the pre-construction investment benefits in the Dominican republic in the tourism sectors like Punta Cana, Puerto Plata, Sosua, and others.Among the benefits of acquiring properties on plans are the following:1- Capital Gains: the increase in the value of a property over time, due to different factors, such as accessibility, location, within the urban environment, services and infrastructure, and urban and architectural value.2- CONFOTUR tax benefits: law 158-01, which establishes tax benefits for real estate investors in the country's tourism sectors, which grants the benefit of tax exemption for 15 years.a)- Real estate transfer tax 3%.b)- Real estate asset tax (IPI) 1%.3- Financing available with an interest rate of 0%:Which works depending on the policies of each project, it normally works as follows.a)- the unit must be reserved from $2000 onwards.b)- They are given an approximate period of 21 days - 30 days to complete the downpayment 20%.c)- it is financed in monthly installments without interest until 50% of the value of the property is reached at the time of delivery 12-24 monthly paymentsd)- the remaining 50% can be financed with a bank or you can pay it cash.4- Resort administration: which guarantees monthly profitability and a return on investment which we could talk about by a zoom meeting..Thank you
Bok O.
Hotel investing
14 February 2024 | 26 replies
Currently hotels are being financed via SBA, so you will need to seek a flag hotel in good standing.
Gregory Owen
Seeking Non-performing Notes
13 February 2024 | 7 replies
Finance is not needed as we have our own funds.
Alberto Leonard
Seeking Property managers for Toledo Ohio
14 February 2024 | 28 replies
As for as the seller is concerned it's an all cash offer but I'm actually using an equity loan to finance the purchase and fund any rehab needed.
Shawn Blake
Buying land for first property purchase need advice
13 February 2024 | 2 replies
The financing for this deal will likely be tough: it is rural (most lenders don't touch), Airbnb (VERY few lenders will do rural STRs), and a mobile/tiny home (which eliminates pretty much all private lenders).
Tom Conant
Is it worth the cost to make a 2/1 into a 2/2?
14 February 2024 | 14 replies
If there are too many for the house size it can be difficult to secure financing or potentially sell the property one day
Tamara Martin
Excel Spreadsheet to compare Lenders
13 February 2024 | 2 replies
Lenders do have local knowledge and some agents will push offers that are financed with local lenders.
Crystal Hippensteel
P'cola Fix & Flip
13 February 2024 | 0 replies
WholesalersHow did you finance this deal?
Sam Tright
Best software for tracking payments, taxes on rentals
13 February 2024 | 3 replies
I actually sell on owner finance but still need to track insurance and tax payments.