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15 May 2024 | 10 replies
It's a great way to increase your net worth and these loans can also be used to pull cash out of a property as it appreciates allowing you to reinvest money into new deals.Happy to connect to discuss further.
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14 May 2024 | 4 replies
I’ve got two women in one unit I suspect are washing clothes and hang drying them as the washer is currently getting the majority of the money.
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15 May 2024 | 11 replies
It's a great way to increase your net worth and these loans can also be used to pull cash out of a property as it appreciates allowing you to reinvest money into new deals.Happy to connect to discuss further.
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16 May 2024 | 14 replies
It's a great way to increase your net worth and these loans can also be used to pull cash out of a property as it appreciates allowing you to reinvest money into new deals.Happy to connect to discuss further.
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15 May 2024 | 7 replies
I am not a big fan of this unless you can earn good money on the cash you pull out; and it makes things a bit illiquid.Conversely... paying off a real estate loan feels good, but at the same time getting cash out of a house that is paid for is not necessarily hard but can be a pain.At times I suggest that people run parallel for a bit... have your cash sitting somewhere earning 5-6% and have your loan charging you 5-6% (or less or more, I know, but...).
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15 May 2024 | 1 reply
My mom is in direct communication with the Managing Partner who promises every week that he’s going to send her money, but hasn’t paid a dime.
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16 May 2024 | 28 replies
We did learn so much and can apply this knowledge to future projects and make great money off this knowledge one day!
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16 May 2024 | 13 replies
😜)Sometimes the money I bring may be enough to buy the whole place, sometimes it will be the deposit, but in either situation it makes it real.Second issue, Fear.The biggest fear I always encounter is the fear that the debt owed against the estate will somehow attach to him/her personally.I find articles from attorneys that most closely meet their situation and while explaining to them that, “unless they personally signed for the debt, they will never personally responsible for the debt.”
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15 May 2024 | 9 replies
I may used hard money for the BRRRR and my own funds for the other one.
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14 May 2024 | 10 replies
Remember, that it costs money to refi...if its a small amount of juice to squeeze, I would just run your numbers to take a look at what makes sense for you and your journey.