Account Closed
Getting a deal funded with an IOU?
Has anyone here ever got a deal funded with an IOU?I'm thinking about possibly doing this:Setting up a deal on a fourplex that is currently rented out. If I have enough capital to buy the building outright, but my cap...
Arzu Alimjan
Short Term Rental Business Plan
Hello all, I am working with my Partner on our short term rental business. We are still in the early stages and trying to develop our business plan. I was wondering if there were any template/draft type business plans...
Spencer Ellingson
Short term rental buyers- Bryce Canyon
We have a short term rental in Panguitch (near Bryce Canyon) and are looking to offload. It's been a good property for the last 4-5 years ranging between $40k-$70k in annual income. It's a unique historical property a...
James Thiel
Looking for bank for refi
Hello Everyone, Can anyone recommend a bank with good cash out refi lans/fees for rentals? I have a rental in CA with low LTV and one in Idaho with high LTV. I want to take cash out of the CA and use it to refi the ...
Account Closed
Jackson MS. Note Investing: What are the pitfalls?
I have company who I was considering purchasing a 5 year note but since it is my first rodeo, I was looking for guidance as to what to ask the note company?I asked some basic question and here was their response:"All ...
David Warner
BRRRR, "Not so fast" cash out refinance
Closing on a SFR BRRRR next week and coming to some realizations not previously considered. This is definitely a rookie learning experience in which I will be taking detailed notes. Lender says that the commercial l...
Brendan Lee
Seller Financing Terms and Negotiating using Tax Benefits
Hi All! I recently got under contract with a triplex and the seller accepted my offer to finance the 25% down payment. Thus 75% will come from the bank and 25% will come from the seller. The plan is to BRRRR this prop...
Jeff Piscioniere
Tax proposal implications
Throwing a quick hit and run post out there because I️ want to keep it open ended. If you’ve read @Brandon Hall post on the House’s tax proposal his first “Biggest Loser” category sights short term rental income as po...
Anatole Doak
Credit Union or Lender in New Jersey
Hi everyone,I live in New York, but I'm looking to purchase a townhouse in New Jersey outside of Philadelphia as an investment property. I've heard some Credit Unions will lend to an LLC to purchase property, and oth...
Rama Krishna
Non recourse loan rates/ providers - Pros and Cons
Hi All, I have created my self directed 401k and i want to know what are the prevailing rates for non recourse loans. I got some list of lenders from some website like this:https://www.sensefinancial.com/non-recourse...