Danielle Hicks
Where Can You Find Hypothecation Loans?
1 February 2024 | 5 replies
Hey Danielle,Banks typically do BOLI's (Bank Owned Life Insurance), your business could set one of these up a COLI (Corporate Owned Life Insurance) and use assets to build up a cash value in the policy.
Adam DuCharme
Cash vs Financing for Fix & Flip
1 February 2024 | 7 replies
Hi Adam, Most hard money lenders will finance 65-90% of the purchase price and 100% of the renovations in an escrow account.
Christopher Mooney
HELOC - Most Important Things To Consider?
1 February 2024 | 38 replies
costs / fees .....often the best heloc you can obtain is from your own bank or from a small credit union or bank where you live .....you should be able to get one for under $500
John Underwood
Time to use up your Boost points as they are going away
1 February 2024 | 7 replies
As a reminder, here are the benefits that come with achieving Premier Host status:•Premier Host badge tied to your profile and shown across every listing in your account, even new listings•Premier Host filter to help your listing stand out to travelers•Priority Support with 24/7 access*I'm going to use up my points just in case these still work after Feb 19th.
Thomas Kambadzi
Please clarify my Real Estate Math
2 February 2024 | 11 replies
You need to make sure all expenses tied to the building are accounted for before calculating a true NOI.With all that said i am still able to buy cash flowing properties current in Ontario and am actively scaling my portfolio.
James Russo
Financing a fix and flip
31 January 2024 | 9 replies
A local bank should be able to provide you with a fix and flip loan.
Zack Tremere
Buffalo RE Investors
1 February 2024 | 11 replies
Quote from @Account Closed: Anyone is doing STR in Buffalo?
Shannon Carter
401k withdrawal to invest
1 February 2024 | 3 replies
At this point I think you need to wait 6 months before asking him for money from his retirement account if the goal is to pay as little tax as possible.
Mohammad Hassan
Looking to convert multi family property into condo units
1 February 2024 | 3 replies
Reason for that is because if you were to get the construction financing for it, the bank is going to look into the operator's (you) experience in the field and whether or not you have a track record of knowing what to do.
Peyton LaBarbera
What are all of my options for financing a fix and flip project?
1 February 2024 | 17 replies
Plenty of options but the major groups of financing include HML' PML, self financing, HELOC from your primary residence, going in with a partner where they provide funds and you provide the oversight / management, financing through a local lender (depending on your relationship, you might find a local bank that will finance a portion of the amount).