This long recovery, particularly for luxury and boutique hotels, presents acquisition opportunity scenarios for real estate investors who may be able to reposition the asset as a long-term multifamily asset. In this episode, we talk about some of the assets classes being looked at for conversion. Why convert? Because people always need a roof over …
In this episode, I discuss my experiences on the Clubhouse APP and some basic tips on how to get an invite or use the work-around, aka the exclusive “side-door.” Clubhouse is still in a private beta phase and available only to iPhone users. Clubhouse is bringing into social media a platform for audio only. The …
In this episode, we dig into non-recourse loans for investments purchases using your IRA or self directed vehicle. Lending GuidelinesThis type of loan is higher risk to the lender, and their underwriting policies are going to me more conservative as a result. Typical guidelines you might find are as follows: Down payment of at least …
The most common uses of bridge loans are to quickly purchase a property when all cash isn’t an option. The frequent advantage to bridge loans is that they often close very quickly and are based more on the value of the property than anything else. Other types of loans are often heavily based on the …
In a delayed financing transaction, you can take cash out on a property immediately in order to cover the purchase price and closing costs for a property you had previously bought with cash. . This allows you to have the advantage of being a cash buyer and giving sellers the chance to know the transaction …
Fix-and-flip loans are short-term loans used by real estate investors to purchase and improve a property to then sell for a profit. These improvements range from minor renovations to a complete reconstruction of an existing home. This is where fix-and-flip loans come in. Fix and flip loans usually cover 80-85% of project costs. In this …