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1 May 2024 | 0 replies
our first exit strategy was to sell own a wrap around mortgage creating a second note and financing our desired equity position but to find the end buyer was a challenge so we decided to rent it out after 3 months of vacancy Did you work with any real estate professionals (agents, lenders, etc.) that you'd recommend to others?
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1 May 2024 | 2 replies
Is it possible to sell 1/2 my interest in a PRIME piece of land that I own with HUGE upward potential?
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2 May 2024 | 3 replies
After making what seemed to be an endless amount of offers in this hot market, with a lucky turn of events of a sellers contact falling through due to the first place buyer unable to to afford financing.
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2 May 2024 | 12 replies
Hi there,I have a couple investment properties in Windsor Ontario, but am now starting to see where else to potentially invest.
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2 May 2024 | 31 replies
So when a potential renter comes in and you were managing my property.
1 May 2024 | 3 replies
I would be happy to take a look at your property and discuss comps and potential strategies.
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1 May 2024 | 7 replies
Rently and Facebook shows some potential but still looking.( BTW, How do I know Facebook listing's aren't scams??)
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1 May 2024 | 1 reply
It's about what marketing your agent is doing and how many buyers come in that fit the best buyer avatar for the property.
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30 April 2024 | 57 replies
I’ve had realtors/brokerages ask me for a $500 “paperwork/storage fee” as a buyer.
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30 April 2024 | 2 replies
Here are some common financing options:Traditional Mortgage: Obtain financing from banks with a down payment, paying off over time with interest.Hard Money Loans: Short-term loans with higher interest rates, often from private investors, suitable for quick acquisitions or credit-challenged investors.Private Money Lenders: Individuals or groups offering direct loans, with terms negotiated privately.Seller Financing: Buyers make payments directly to sellers over an agreed period, with terms negotiated between parties.Home Equity Line of Credit (HELOC): Borrow against existing property equity with a revolving credit line, typically offering flexibility.Real Estate Crowdfunding: Pool funds with other investors via online platforms for various real estate projects, offering diverse investment opportunities.1031 Exchange: Defer capital gains taxes by reinvesting sale proceeds into similar properties within a specific timeframe, useful for tax optimization.REITs (Real Estate Investment Trusts): Invest indirectly in real estate through publicly traded companies, offering liquidity and diversification.Joint Ventures/Partnerships: Collaborate with other investors to share resources and risks, leveraging each other's strengths for larger projects.Subject To Financing: Buy a property subject to the existing mortgage that's in place on the property (doesn't get paid off when the property sells).Assumable Mortgage: Buy a property and assume the mortgage that the seller already has in place.Lease Option: Rent a property with the option to buy it prior to a later date.Debt Service Credit Ratio (DSCR): A loan approved based on the income potential of the propertyThese options cater to different investor needs, preferences, and financial situations, providing flexibility in real estate investment strategies.Thanks,