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19 October 2020 | 2 replies
For those of you that have used this method, what have you found to be successful strategies to working with the seller for financing?
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18 October 2020 | 1 reply
I did not engage in “trade or business” as defined in USC Section 7701(a)(26)."
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19 October 2020 | 3 replies
I think the BRRRR method would work wonderfully for you, as you could buy a home, fix it up, get a loan out on the home, recoup your entire initial investment and repeat.
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27 October 2020 | 17 replies
The length of stay or the method it is booked?
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26 February 2021 | 61 replies
Disclaimer: as a licensed agent I don’t necessarily recommend this method, haha!
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21 October 2020 | 23 replies
There are a lot of PMs - and landlords too, for that matter - that will gladly trade 25 bucks in rent for a stable tenant, even if it is not an ideal tenant.
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19 October 2020 | 2 replies
I would look into BRRRR method options to leverage your cash more effectively and get to your goals a bit faster.
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27 October 2020 | 9 replies
Its also useful for me, since other lenders that offer mortgages before the 6 month refi period are doing it at 6-8% rates. 2 of my 3 properties have been acquired within the past 6 months so having this private money is a good investment for them, and also helps me bridge that day 1 to 6 month mark.As far as off-market, I'm trying to get my lead gen going a bit so I can pick up my own deals so I'm happy to say those methods are coming together.
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20 October 2020 | 16 replies
Sometimes, however, if your trading activity is substantial enough, it can rise to the level of "trade or business" which has both positives and negatives.
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20 October 2020 | 10 replies
Learn the trade, and see if it suits you.Just soemthing to think about:Truth: I think we can agree that a professsional athlete makes lots of moneyReality: chances of any of us being a professional athlete is pretty slim...You never really want to put anybody “down” before they’ve tried it (not to mention I’ve never met you, regardless of whether I’m a good job of character or sales potential).