Tyler Mills
Transitional Neighborhood Indicators?
9 January 2025 | 1 reply
Hey there.Wondering if anyone can provide some advice on what kind of indicators to look for on a neighborhood level.
Colby Burns
Omni Key Realty insight for investors in North Texas.
27 January 2025 | 6 replies
Here's an old article I posted a few years back - Key is good communication.
Malcolm Brown
Knowing a deal...how to assess
23 January 2025 | 5 replies
If it's turn key and rented you would analyze current rents vs expenses.
Gregory Whitmyer
Choosing the Right Private Money Lender: Key Factors to Consider
23 January 2025 | 2 replies
What key factors influence your decision to partner with a lender for private money in real estate?
Luis Fajardo
New-home sales hit a high in 2024 with builders responding to market demands! Learn
27 January 2025 | 0 replies
The months of supply, a key indicator of market health, sat at 8.5 months.
Devin James
Key Principles that Guide Me
13 January 2025 | 1 reply
There are four key principles that guide me:- Consistency is everything- Never stop learning- Take Action- Value relationships over everything else1) Consistency is everything There are multiple things that I do every single day- Read – 10+ minutes.
Alice Fairbairn
Maximizing ROI: 3 Key Features to Focus on in Short-Term Rental Properties
14 January 2025 | 9 replies
The biggest key to a good ROI is getting a good deal when you buy.
Benjamin Carver
Raleigh-Durham 2025 Real Estate Market Outlook
24 January 2025 | 1 reply
Months' supply, a key market balance indicator, is expected to improve from a 3.7 month average in 2024 to 4.1 months in 2025.
Shaun Ortiz
How Do You Evaluate Distressed Properties from a Distance?
28 January 2025 | 3 replies
As for building trust with sellers, communication is key.
Andy Wang
Should I sell my note? 1.2M @ 8.5% for 4.5 yrs
27 January 2025 | 7 replies
Here are some general guidelines: Lien Position1st Position LienEquityMinimum Down Payment of 20-25% (a 30% equity to sale price is preferred)Down Payment made in certified funds and not borrowedMaximum Funding of 70% ITV (Investment to Value)SeasoningMinimum of two monthly payments already made12 months or more preferredPayer CreditCredit Score of 650 or higherNo major derogatory trade lines (No 90-180+ days delinquent, foreclosure, repossession, bankruptcy, etc.)No decline in credit since purchase of businessTermsPrefer 60 months or lessMaximum of 72 monthsNo Balloon Payment preferredCash FlowBusiness has positive cash flow1.25 debt service coverage ratio preferred.DocumentationPersonal guarantee from a creditworthy individualStandard documents including Note, Security Agreement, and UCC-1 filing.Tax Returns on the business that substantiate profit and loss statements.OtherPayment history current and verifiablePayer Interview indicating buyer is satisfied with business and comfortable making paymentsMotivation for selling the note is not a result of a deteriorating businessConsideration of high risk businesses or geographic areasIn these situations, sometimes a partial is a better option.