Jesse Grim
Hard money lender or refinance
18 March 2024 | 7 replies
Here are some considerations:Pros of Using a Hard Money Lender:Speed: Compared to standard lenders, hard money lenders can provide quicker approval and financing processes, which lets you take advantage of time-sensitive possibilities.Flexibility: It may be simpler to obtain financing if HMLs are more accommodating when it comes to credit history and property condition standards.Access to Funds: You may take advantage of more investment opportunities by having quicker access to the equity in your property.Experience: For first-time investors in particular, certain hard money lenders offer invaluable experience and advice that can be helpful in navigating the fix and flip process.Cons of Using a Hard Money Lender:Greater Costs: Hard money loans might have interest rates and other costs that are greater than those associated with standard financing sources, which raises the project's total cost.Term Length: HMLs normally provide loan durations that are shorter, usually lasting between six months and a few years.
Brendan M.
What are the tax implications of paying myself to property manage?
19 March 2024 | 22 replies
Is there a way to do this legally that would provide a tax benefit?
Kaynan Na
Every investors NIGHTMARE? Both properties have LIENS!
18 March 2024 | 18 replies
In my home state of ohio, these auctions come with clean title and they include all leins and morgages in the starting price so i figured it was the same for florida.first property i am a defendant on, the second im not because the foreclosure process started before my purchase date so im not entitled to the lien.
William Hutch
First Time Flipping
18 March 2024 | 9 replies
I have one partner onboard who’s providing quite a bit of capital.
Samy Habib
is it illegal i sell my Tax Deed by quit quitclaim Deed?
17 March 2024 | 3 replies
I don't have a general warranty deed so therefore I can't provide only.
William Coet
Offering on Land: How To Get Time For Due Diligence To Research Solar Companies
18 March 2024 | 4 replies
Both conversations are going to provide you with a better understanding of the need and requirements prior to getting too far down the road with negotiating a purchase agreement with a property owner.
Shahbaz Rabbani
Brand new to REI
18 March 2024 | 3 replies
Be sincere, willing to help, and receptive to picking up tips from other real estate professionals.Remember that networking is a two-way street, so you should also be prepared to help and provide value to others.
Joshua Levasseur
How I Use CallRail and Podio to manage Ringless Voicemails
16 March 2024 | 1 reply
The message that the sellers are receiving provides a callback number.
Tavian Stewart
How to Analyze your Market
19 March 2024 | 18 replies
You can potentially find undervalued properties, rehab them efficiently, and achieve good rental income.Decent rents: $1000-$1600 rents provide a strong foundation for positive cash flow after factoring in rehab costs and ongoing expenses.Cons to consider:Market competition: Investigate how many other investors are using BRRRR in Wichita.
Elisa Lisa p
We are Purchasing a home for my family which one to choose
18 March 2024 | 7 replies
You haven't provided enough information for people to help you here.