Hello all,
I wanted to get some opinions on this, was at a meetup tonight playing cashflow game with others and I mentioned to someone how I've had such difficulties after loan 5, that I was thinking of buying my pro...
We bought a place about 2.5 hrs from us. 340k. Spent about 50k in the past six months to fix it up. Our mortgage is about 1600/mo on the 340k. We could probably rent it for 2200 pretty easily. I think I could sell i...
Quick question here. If I do a cash-out refinance and use the extra funds above those used to pay off the original mortgage to purchase a new investment property is interest on the entire new loan deductible? For ex...
So I bought a live-in-flip in January in San Antonio, Texas. I will be done by the end of April and ready to put it on the market. I am looking for some opinions on what my ways forward are. Here is my scenario. I ha...
NarrativeSo about 2.5 years ago we started our company. It was created for the purpose of performing in real estate investment. It was created as a C-corp (not an LLC which is oddly relevant) and well funded. The firs...
Hi, I've heard some gurus, Matt Terio to be specific, talk about a three option letter of intent. The final option is a principal only loan, where you divide up the payments over 20 years and simply pay off the house...
How does hard money work ? Or would a bridge loan work better ? Or are they both the same thing - please help a new guy out
Thanks
Matt
If my solo 401k lends private/hard money to an investor, am I able to charge a percentage of the profits as well as interest? In my state the interest rate is capped at 12%. Also, what about up front fees? I can't see...
I’m trying to make sure I understand IRR correctly. Is it correct that I can compare the IRR to average stock market returns? For example, could I theoretically set a metric that, since the S&P500 historically ret...
Hello. My wife and I have two fully paid off properties in San Francisco; Presidio adjacent and Lower Pacific Heights. We had planned on selling one of them to pay for a new primary residence in SoCal. I'd love to spe...