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26 August 2020 | 15 replies
I am highly interested in the progress of your multi-family acquisitions in Opportunity Zones and look forward to reading/seeing more on the topic.
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9 April 2019 | 5 replies
You can also get acquisition fee, contractor fee and management fee.
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12 March 2019 | 4 replies
Not particularly focused on MF/SFR but rather wanted to collect an idea of easy and cheap ways to finance acquisitions.
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11 March 2019 | 4 replies
@Cory Peters Hard Money Lending (HML) is designed for this type of an acquisition.
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19 March 2019 | 10 replies
@Brandon Hobbs I would be looking at acquisition/value add opportunities.
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15 January 2019 | 12 replies
If you're using any personal funds, unless their use and acquisition is documented properly, can take down the corporate veil and be porous.
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13 January 2019 | 15 replies
This is during the acquisition phase but I prefer to play it a little safer than most.
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14 January 2019 | 5 replies
The wholesaler that sent me the deal was Michael Gordon from New Western Acquisitions.
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16 January 2019 | 8 replies
But if you're trying to retire in 5 or 10 years, that's a GOOD thing, and if the only thing getting in the way of retirement is those pesky mortgage payments eating up so much of your rental income, go for it.If you want to imagine a simplified model to retire on rental income, it would start with a higher risk higher leverage acquisition phase early on, a middle phase of optimizing -- 1031 that "meh" property for something good, stuff like that -- and then it would end with you ceasing proactive acquisitions (unless some great deal falls in your lap) and paying mortgages off to maximize cashflow as you ease into retirement, probably paying them off lowest balance to highest balance.Unlike 401ks and IRAs, the government isn't in charge of when you do this, so no reason you can't do it in your 30s to 50s if you can pull it off.... there are people who post on these very forums who are in their 30s and could enter that end-phase if they wanted to.
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14 January 2019 | 16 replies
$95K acquisition, $100K rehab, $320K ARV.