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8 May 2024 | 112 replies
I like going all in with a bloodied head and my heart held in my hands 🙌 Hello Engelo,What do you mean by "when you grow up"?
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9 May 2024 | 25 replies
I thought well even if the value fluctuated up or down a little bit, the finances would not be stressed.
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9 May 2024 | 20 replies
I came down from Illinois.
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9 May 2024 | 23 replies
Hey Brian, that's quite a smattering of options.My best advice is to narrow it down as much as possible.
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9 May 2024 | 12 replies
Leverage a low down-payment in a property that has higher cash flow opportunities.
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9 May 2024 | 0 replies
Additionally, the flexibility of renting allows residents to adapt to changing life circumstances without being tied down by a mortgage.From an investor perspective, BTR projects present an attractive opportunity to capitalize on the growing demand for rental housing in high-growth markets.
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9 May 2024 | 4 replies
Most work this way BTW 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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9 May 2024 | 5 replies
WONDERING also if you do these kinds of things with Back Taxes- we ( my husbands BIZ and I ) are working on consolidating his business loan (bout 20k) from the pandemic days and then this back tax of 28k from his previous divorce days- both very high in interest- and before we paid our work van off a consolidation program I reached out to was like - uh we can't help you- anyways Im sure you can find my contact info via BP- my membership will close here soon as I will be back when we're closer to buying our first home- I am focused on building my business and such- Jesi Naomi on Social media - would love to talk- I love this membership - I just need to cut down on costs I haven't been using while getting our finances in order.
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8 May 2024 | 5 replies
Here's how the 1031 rules break down for the rented-out $500K portion of your two-family home:1.
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9 May 2024 | 7 replies
Negotiate down, repair at cost and book the equity