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21 March 2024 | 10 replies
I would also ask experienced busy local realtors in your market and see what their opinion is.
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19 March 2024 | 19 replies
I will definitely be in touch as i proceed in this process.
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20 March 2024 | 1 reply
.- No lockup period- Monthly distributions with no fees- 14 years in the business- Over 2,000 loans originated- Stringent lending process with solid approval guidelines- Promises an 8% hands free return- Combines private cash and IRA investors into a pool for loans- Funds are used by real estate investors to buy and rehab distressed properties which are insured and liens have appropriate title insuranceThey have 300+ inventors, closed 2,000+ loans, $550m+, and 0 loser since 2008 when they opened.
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18 March 2024 | 1 reply
I have a company apron 20 something people we profit over 800k last year had it sold with 8 full price offers and 2 over full price offers didn't like the way our broker handled the deal so we moved on and we stoped it at the second we were uncomfortable the seen somewhere on here how someone did this so I thought I would post so if anyone sees this or know how to do this let me know its probably not done right or in the right spot sorry about that looking for some help like to trade so we have income thanks for any help ,, this is in the tree and landscape business ,,, we are located in phoenix az
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18 March 2024 | 5 replies
A 1031 exchange, also known as a like-kind exchange, allows taxpayers to defer capital gains taxes on the sale of certain types of property if they reinvest the proceeds into a similar type of property.
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18 March 2024 | 14 replies
I'm looking to scale my business and would like to borrow some of his money to do so.
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20 March 2024 | 4 replies
Last year I couldn't do it because I was told that since I reported a loss in my business and i was in negative numbers there was no way that i could get a loan like this one.
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20 March 2024 | 0 replies
Looking for a business loan for a dental practice and was wondering if anyone had experience or knowledge about SBG Funding.
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21 March 2024 | 10 replies
Most hard money work as follows:•Rates: 9% to 13% (Most Deals are 11-12%)Terms: up to 36 Months (Most Deals are 6-12 months)Fees: 2-4 points(%) of loan amount paid at closing (Most Deals are 3 points(%))Minimum Loan Amount: $50,000 (For loans less than $250,000 $2,500 minimum fee)Max Loan: 65%-70% of After Repair Value(ARV) 100% Rehab Financing Available (Require 20% of purchase price down payment or cross-collateral)Closing Timeframe: 48 Hours - 3 Weeks (Most Deals are 2 Weeks)NO PRIMARY RESIDENCES, NON-OWNER OCCUPIED ONLY, BUSINESS AND COMMERCIAL USE ONLY.
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18 March 2024 | 10 replies
Unless it's done well in advance of a sale, the IRS views the refinanced loan proceeds as taxable boot since it is equity that won't be reinvested as part of the exchange.