26 January 2023 | 28 replies
How’s the seasonality/slow season?
16 January 2023 | 13 replies
v=_fCLVapcR2AHigh Point: https://www.housebeautiful.com/design-inspiration/a26945378/high-point-north-carolina-american-made-furniture/@Scott Mac: In this land of "Nascar and furniture" we have the most diverse forest in the entire continent (western NC), some of the most pristine coastline, several top tier universities, a metro area (Charlotte) of 2.7 million people and rapidly growing, two large military bases and towns, the #1 most visited national park (the Blue Ridge Parkway), some of the most coveted hiking and mountain biking trails and parks, the largest home in the US (The Biltmore Estate), towns like Asheville that consistently make top-10 lists for lifestyle and relocation, coastal towns like Wilmington that are so desirable that they have nearly no land left to build upon, fantastic weather that includes all 4 seasons but only mildly so, etc.
27 September 2022 | 7 replies
I am a little overwhelmed with the amount of knowledge that I have been reading up on and have a few questions that have stemmed from it as i'm hoping somebody could steer me in the right direction or if there is a possible meet up in the DFW area in the coming weeks so I could meet with some more seasoned REI's as well.My questions I have might be more on the basic side but they're my starting point going forward such as, Would an LLC be worth it to separate business from personal accounts as an REI?
6 February 2023 | 7 replies
It depends on how often we choose to use it personally during peak season.
4 May 2021 | 16 replies
My target property is 1,000,000 that I’ll be getting it for but worth 1.25I’ll be buying it with a 80% ltv commercial note but obviously putting down the whole 326,000So my loan will be 674,000Can I literally refi the property the next day after the exchange and pull out the 326,000 1250000 x .80 = 1,000,000 . 1000000 - 674,000= 326,000 cashout refiMy bank requires no seasoning
4 November 2020 | 6 replies
@Brett Hicks it is possible to find banks that don’t require the 6 month or 1 year seasoning but you have to network.
24 September 2020 | 12 replies
My clients are a consistent source of business to those contractors so they respond quickly and do the job well knowing that their next job will most likely come from a seasoned investor of mine.As a buyer, you pay no commissions so add the bench strength and get a resource on your team who can carry a good portion of the heavy lifting.Hope this helps...
25 September 2020 | 6 replies
You may need to wait 6 months to satisfy their seasoning requirements.
7 November 2023 | 2 replies
Refinance or do cash-out refinances on existing properties after meeting seasoning requirements to pull cash out.
25 May 2020 | 12 replies
Memorial day, Labor Day, Easter etc.In off season I have a 2 day minimum as it progresses further towards peak sean the min stay increases.