Edward Sloyan
Sell or refinance for rentals?
24 July 2020 | 2 replies
Again, consult a professional before doing this, but basically you can take out a line of credit on a percentage of the equity you have in your home (Usually around 80%).
Brian Shaha
1031 Yes OR No? 1 Week left to Identify. Economy recessing hard?
2 September 2020 | 15 replies
Hey JJ, thanks for the input.Rather than looking at percentages, let's look at numbers.*$250k in gains tax*Hotel with 100+ keys right now in the economy brands around $40k/key = $4MMIf the values adjust by 10% that's atleast a $400k reduction.The way I am seeing it is pay $250k now, save $400k later (NET $150k+ gain)Investment safer at a later time since we can see how everything stabilizes after the elections.I'm stuck!
Carolyn Albinder
Invest out of state or local?
25 July 2020 | 6 replies
Your return could be a percentage of the proceeds of a sale instead of charging interests, points, etc.Best of luck!
Frank Connelly
Low Income Rental Property Investing
26 July 2020 | 6 replies
It's easier than investing and helps my financial picture at roughly the same percentage.
Dmitry Clarke
Looking for advice/partners for RE Flips
2 August 2020 | 18 replies
I want to offer my hustle, because my equity would be a small percentage!
Sean Johnson
Do you need money in the bank to get a hard money
26 July 2020 | 4 replies
Some Lenders will base the loan on a percentage of ARV and some will look at the as is value at the closing.
Bryan McGhee
Ratio of owners to renters in an area
25 July 2020 | 0 replies
Other than the MLS, where can I find the percentage of houses lived in by owners vs renters in a given neighborhood?
Michael Dole
Starting LLC w/ multi small investors into Real Estate Syndicate
25 July 2020 | 0 replies
If this is possible, is this something that could actually become somewhat of a business (i.e. charge a % of any positive returns for the time/effort I would put in to this - especially seeing as how there would be ongoing legal costs) and if so what is a reasonable % (remembering that this is with friends/family so that percentage would mostly be to build a side fund in case of costs)?
Samantha Gehin-Scott
First timer with questions about hard money lenders
26 July 2020 | 8 replies
They will charge likely a few “points” percentage points as a fee, and then interested in the loan which could be due monthly or at the end.
Jon Catterson
Two Possible Agreements - Thoughts?
28 July 2020 | 2 replies
He said he wanted to be involved in the decision making at which point I said more for him was fair in my opinion.His proposal: Each party initially owns whatever percentage of the money they initially invested.