Dec 30, 2019
Most tax benefits come from owning properties. Few tax benefits come from lending money.
When you buy property use your money. When you want to lend money, use a Roth IRa or IRA.
There are also huge generational benefits, including probates.
Your beneficiary can pull money from the IRA as long as it is 5 years old with...
Dec 26, 2019
Wendy Sweet and Bill Fairman www.CarolinaHardMoney.com
Hard money is a short term high interest loan that enables the buyer to fix up their home and then re-sell it.
You get all the money to buy and fix up a property as long as it is less than 75% of the end sale's price.
The bank will only lend you a percentage of the...
Dec 23, 2019
Wendy Sweet and Bill Fairman, www.CarolinaHardMoney.com, discuss their hard money fund.
Hard money is usually for bridge funds for a relatively short term.
They typically only invest in South Carolina, their 'backyard. 75% of loans are in the Charlotte market.
Single-family, multi-family, self-storage, fix-and-flip...
Dec 20, 2019
Wendy Sweet and Bill Fairman discuss their ideal investor. Who is the perfect lender for their funds?
"Accredited investors" means they have a 1,000,000 net worth, not including your primary residence or they make $200K a year.
Just because you earn that amount, it does not mean you are ideal for this fund.
Dec 18, 2019
Bill and Wendy talk about who their ideal client is and what characteristics they look for when putting together a deal.
Different areas of real estate investing bring different qualities.
Wendy and Bill are members of Masterminds and their fellow members are perfect borrowers as they know them and also know how honest...