David Willis
Use net worth to underwrite 5 Percent gap funding on $13m SFR portfolio
7 October 2024 | 6 replies
Given your strong net worth and experience, investors might be interested in a short-term investment with a clear exit strategy.Home Equity Line of Credit (HELOC): If you have significant equity in your personal residence or other properties, a HELOC can provide access to funds without selling any assets.Securities-Backed Line of Credit (SBLOC): If you have an investment portfolio, you could borrow against the value of your securities without liquidating them.Seller Financing: Negotiating with the seller to finance part of the purchase price can reduce the immediate cash requirement.
Ryan Fox
Where to find cost basis in tax return?
5 October 2024 | 14 replies
If you are reporting it on a schedule E (you are not taxed as a corporation or as a partnership in non-community property states) then no, there is nowhere on your tax return that shows your cost basis and your tax preparer likely doesn't know.
Daniel Afonso
The Global Data Protection Enforcement Awakening
8 October 2024 | 0 replies
Unlike e-commerce or social media platforms, where data privacy issues are more visible, the real estate sector often operates behind the scenes in this space.
Ben Burgess
Getting on the path!
8 October 2024 | 13 replies
Having just been licensed in MA, I've been looking for local meetups and investor events and I've found this one so far, a real estate investors networking dinner in Downton Boston on 10/15: https://www.eventbrite.com/e/boston-real-estate-investor-net...The event is free and I've registered for 2 tickets for my partner and I.
Ian Stuart
Freddie Mac SBL & Fannie Mae Small Loan Financing - Multifamily Apartments
4 October 2024 | 10 replies
Borrowers need to have 9 Months' P&I worth of liquidity (cash / stocks / bonds / crypto / etc), and 100% net worth relative to the loan amount.
Lea Ramirez
How to Get a Loan for a House to Rent Out Rooms When Unemployed with $90k Saved?
7 October 2024 | 3 replies
But for a RE journey you need liquidity.
Laura Sawicki
AirBNB Fees - Total Revenue VS Fees
5 October 2024 | 15 replies
I would ask for the last few years of the Tax Return Schedule E for this property to see what their total expenses and net profit was.
Billie Young
STR Blue Ridge GA Occupancy
9 October 2024 | 39 replies
Any favorite recommendations on realtors?
Brandon Craig
Should I sue?
7 October 2024 | 12 replies
However, I imagine you'll spend some money on an attorney and I don't think you'll get much out of it, it sounds like the project is not in a place to liquidate and is in capital preservation mode at this point.
Rene Hosman
Pre Event Intro - If you're coming to BPCON2024 let us know who you are!
12 October 2024 | 54 replies
😁 Dan Kryzanowski🧠 Passive Investing in CRE (MF Development, Self Storage) via liquid funds, SDIRA, or Solo 401(k)... as a Texan & Austinite 🤠, I also stay educated on O&G/Energy + Fintech/Proptech🙌 Meet w/ fellow Accredited Investors & Passive (LP) Investors🤝 ...