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30 July 2016 | 15 replies
You would essentially assume payments of their mortgage and the property would be in your name.
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28 July 2016 | 4 replies
If not, you may want to put something together that is essentially a proforma or business plan, along the lines of what others have suggested above.If you've done some deals already, it's rather easy.
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28 July 2016 | 8 replies
I bought and sold over 900 properties, and bought the first 11 essentially 100% financed.Today interest rates are at historic low levels about 3.5% fixed for 30 years.
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29 July 2016 | 16 replies
I've recooped a decent portion of my losses by renting the place out and essentially pocketing the entire rent amount, less maintenance and management fees.
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29 July 2016 | 5 replies
And to answer your question, essentially, from my understanding, a cooperative condo is basically under full ownership of a company/ corporation that owns a building of condominiums.
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4 August 2016 | 8 replies
People often forget the context of ROI figures and just go straight for whatever % is highest, so it's an important reminder: If you pay cash, you'll have more flow each month but your ROI % will be lower because of the increased investment amount; if you finance, you will have less flow after expenses each month, but you will need less cash upfront and someone else is paying your mortgage for you, eventually leading to a fully-owned cash flow property that you essentially paid 20% for.
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2 August 2016 | 2 replies
I currently have a business of my own that's doing well, non-real estate related, and I've got a few questions starting out:I'm essentially an oilfield service company, can I use pre-tax business profits to invest in real estate within my own company?
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23 September 2018 | 31 replies
Bad debt, to be sure, because you're depending on getting hired as a W2 as opposed to taking the initiative to use what you've learned to build a business and an income for yourself.If I can borrow money at 4% and lend it back out at 12% or better, I'm getting the spread as income with, essentially, no "out of pocket".
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3 August 2016 | 4 replies
SAAS providers make it possible to keep tabs on your finances, customers, and more from anywhere, freeing real estate investors from geographical constraints.And I would be remiss not to mention real estate crowdfunding since the industry would be essentially nonexistent without the tech tools available today.
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25 February 2017 | 3 replies
It got my attention because from what I saw it is a way to invest in a highly desirable destination and the hotel essentially can function as your property management to rent and maintain the room.