Ruchit Patel
Equity Rich Cash Poor!
24 April 2024 | 7 replies
I would think of this problem differently: I might encourage them to explore ADUs... this would give them an additional stream of income and would likely only require a relatively small chunk of money in their savings (relative to the total cost).If they could partner with someone that has experience building and/or flipping (to qualify for the construction loan), then cash them out with a 30-yr DSCR loan (and use that as the builder's profit), then they could rent the property and enjoy the cash-flow.
Beth Anderson
What do I say if someone responds to my letter?
23 April 2024 | 6 replies
If you can find some common ground, continue building on that to establish rapport.
Patrick Hancock
Can you have too many LLCs?
24 April 2024 | 18 replies
If you buy a $20M apartment building, it should have it's own LLC.
Jenn Liu
Buying First Rental in Charlotte, NC
24 April 2024 | 9 replies
House hacking and using down payment assistance programs are generally less time-intensive than the BRRRR method, but all can be profitable ways to build wealth through real estate.Reach out if you ever need any help !
Albert Vanek
New Member - International Investor Looking to Buy in Florida (Tampa area)
24 April 2024 | 6 replies
Investing isn’t just about what you know – it’s about who you know – and Pro helps you build connections faster than ever!
Steven Westlake
Has anybody considered having no insurance?
23 April 2024 | 10 replies
@JD Martin-half (1 triplex) are all cash, owe like 59k on other triplex, both buildings are over 100 years old and still standing.
Terry Portier
How to become a Hard Money lender?
26 April 2024 | 44 replies
Example: Fred gives Andy a construction loan and builds a house.
Sharon Gazawaybell
Looking to connect with buyers and sellers
23 April 2024 | 4 replies
C+ to B+ buildings with value add potential.
Najeh Davenport
16 unit 2x1 completely gutted in need of a purchase and renovation loan and thoughts
23 April 2024 | 9 replies
I reached out to several lenders about financing this project for the cost and renovation, I was either met with they only go up to 6 units, or the building has to be occupied, or that I was too in experience and I needed to put a license builder on the note with me.
Patrick Philip
Better options than HML for spec builds?
21 April 2024 | 5 replies
I'm desperately searching for a financing option for my spec homes that will give me better terms than the 10-12% interest plus $10k closing costs that my current HML is giving me.I tried doing buyer-financed, but the...