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I notice that transactional lenders seem to charge about $3,000 to provide very short-term funding to do a double close. Since transactional lenders typically require an end buyer to be in place, it seems to me that ...
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I have $60K in student loan debt. I am interested in purchasing an investment property (I will live there) while renting out the extra rooms. After a year or more, I will move and rent all of the rooms out. Smart m...
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Hi BP, I've come into an opportunity to lend some capital to a flipper. They've secured most of the capital needed for a flip (deal is 110k purchase + 120k rehab --> 440k ARV appraisal) and are looking for a 2nd lo...
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I am a few years away from buying my first house, and am wondering where to save up for that. Currently, I invest through Betterment with a general investing plan and a Roth IRA, and I also contribute to my employers ...
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1. Executive Summary:
Briefly introduce your real estate wholesaling business, emphasizing its unique approach.Highlight the use of Earnest Money Deposit (EMD) loans and efficient double closing strategies.
2. Busin...
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I am currently in the process of writing out my business plan and I would like to add some info about how I plan to manage my cash flow. What is a good cash flow percentage ?
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Among my friends and family I have several people interested in investing in real estate with me. Most just want to invest the $ and be hands off, which I would prefer. My question is.. now what? How is this partnersh...
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Has anyone taken out a HELOC on their primary residence to cover closing costs and repair costs for a property they are looking to flip? I am new to this and read many of the posts but have not seen this one. I have...
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I have about $0 saved up for REI. It all went into the purchase of my primary residence a year ago, and now that I'm stepping up my REI game I'm regretting that. Live and learn.
My down payments with HMLs comes from...