Alchemist Financial

Positive thinking is the key to success! When we focus on the good, we attract more good into our lives. It may not always be easy, but by changing our mindset and seeing the best in every situation, we open ourselves up to new opportunities and experiences. So let's make a conscious effort to think positively and watch our lives transform for the better!

Don't take our word or even your broke friends.... Go ask a successful, wealthy person if this is Gospel.

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Attention Investors! As a lender, we want to remind you that when it comes to rental properties, the interest rate on the mortgage may not be as important as you think. If your rental income covers the mortgage payment, the interest rate becomes less of a concern. Focus on finding properties with a strong rental market and a positive cash flow. Happy investing!

Under contract in Hyde Park, SF, but ripe for conversion to a Duplex with an alredy finished basement. Have you seen the rents in Boston??? Any Cash Buyers interested?

Work with people who strive to grow and better themselves. We are creatures of habit if we cling to that belief. We are monsters of growth when we pursue growth. Those around you will not believe in your commitment and some will even hold you back - or worse… tell you that you are stupid for trying.

My friends, become the beautiful being that you were meant to be. Surround yourself with others that pursue excellence. Fill your mind with positive affirmations and watch how the universe responds.

Are you still wondering about the differences between a hard money loan and a bank loan?

A hard money loan is typically provided by a private individual or company and is secured by the property being purchased. These loans are typically short-term and have higher interest rates. On the other hand, a bank loan is provided by a financial institution and is often for a longer term. Both have their pros and cons, but it's important to do your research and choose the best option for your specific investment needs.

1) Speed: Hard money loans can be approved and funded quickly, often within a matter of weeks. This makes them a great option for investors looking to take advantage of a time-sensitive opportunity, such as a property that is about to be foreclosed on.

2) Flexibility: Hard money lenders are typically more flexible than traditional banks when it comes to underwriting criteria. They may be willing to approve loans for borrowers with less-than-perfect credit or for properties that need significant repairs.

3) Asset-based lending: Hard money loans are typically secured by the property being purchased, rather than the borrower's creditworthiness. This means that even if a borrower has a poor credit history, they may still be able to obtain a hard money loan if they have a valuable piece of property to use as collateral.

4) No Income Verification: Hard Money Lenders do not need your W2's, and there is no limit to the amount of properties you can buy (as long as the deals make sense).

BRRRR or Buy & Hold?

The BRRRR (Buy, Rehab, Rent, Refinance, Repeat) real estate investing strategy is a method of acquiring, renovating, and renting out properties with the goal of quickly refinancing them to pull out cash to invest in the next property.

On the other hand, buy and hold strategy is a long-term approach to real estate investing where an investor purchases a property with the intention of holding onto it for an extended period of time, typically several years or more. The investor would expect to generate income from the property through rental income and also expects to see appreciation in the value of the property over time.

The main difference between the two strategies is the time horizon and the focus on cash flow. BRRRR strategy focuses on short-term cash flow and quickly pulling money out of the property through refinancing, while buy and hold strategy focuses on long-term cash flow and appreciation of the property over time. Additionally, BRRRR strategy requires significant capital and credit to acquire, renovate and refinance properties, while buy and hold strategy can be done with less upfront capital.

3 Reasons to Invest in Multifamily:

1) Cash flow: Multifamily properties often generate positive cash flow, which means the rental income is greater than the operating expenses. This cash flow can be used to pay off the mortgage, invest in other properties, or for personal use.

2) Appreciation: Real estate typically appreciates over time, meaning the value of the property increases. This can lead to significant long-term wealth creation through the appreciation of the property value, as well as through the cash flow generated by the rentals.

3) Tax benefits: Multifamily real estate investing offers a number of tax benefits, such as deductions for depreciation and mortgage interest, which can significantly lower the overall tax burden for the investor. Additionally, when an investor is ready to sell their property, they may be able to do so at a lower tax rate through a 1031 exchange, which allows them to defer paying taxes on the capital gains.

Starting out in the world of real estate investing can be daunting, but always remember that success is not overnight. Take the time to educate yourself, build a solid team, and have patience. Every successful investor has faced their fair share of challenges, but it's those who persevere and learn from their mistakes that ultimately come out on top. Believe in yourself and your abilities, and never give up on your dreams of financial freedom through real estate investing.

Mastering 2023!