All Forum Posts by: Joel Perlinger

Does anyone have any experience paying above asking price with a mortgage and then using the difference to pay for materials for themselves to renovate it. Is that legal or do any projects need to be done prior to exchanging money?

When buying a property what do you request to see from the agent? And slightly different question, if buying offmarket how do you know youre getting a good deal and any other general advice on that

I'm looking to buy a home in the near future and I had a question for the flippers. I was wondering what some of the easier and most cost efficient ways to add value to home would be. I'm mildly handy but I don't have a construction background so more in the realm of flooring/painting etc. thanks!

It's like buying stocks, if you want your money to work for you then you have to invest it into assets. If you want out of the rat race, you want to be able to have money come in each month even if you're doing zero work. So hypothetically, there is no rich enough job to not invest in assets if you want to stay rich.

Background: I'm new to this forum and I am qualified for the full $424,100 0% down running at 3.7ish% on a VA loan. I'm moving to charleston in October as a military member and I'm looking to buy multiplex 2 to 4 units while renting one and living in another. Also, I'm a bit of a nerd which is where my question comes in. Question: so my question is I'm creating a decision matrix to determine which property I want to buy and then rent out long term. I want to know what sort of things are factors in your decisions and what each weight you would factor in for each; with 1 being the lowest weight 10 being the highest. An example might be, a low weight for near a good school and a high weight towards low maintenance. And then list as many factors that are important to you. With a layout for replies (if you want) being Within quality school district - 2 Low maintenance - 8 And then any other advice would be great! Thanks, and I'm excited to be a part of the community!

Background: I'm new to this forum and I am qualified for the full $424,100 0% down running at 3.7ish% on a VA loan. I'm moving to charleston in October as a military member and I'm looking to buy multiplex 2 to 4 units while renting one and living in another. Also, I'm a bit of a nerd which is where my question comes in. Question: so my question is I'm creating a decision matrix to determine which property I want to buy and then rent out long term. I want to know what sort of things are factors in your decisions and what each weight you would factor in for each; with 1 being the lowest weight 10 being the highest. An example might be, a low weight for near a good school and a high weight towards low maintenance. And then list as many factors that are important to you. With a layout for replies (if you want) being Within quality school district - 2 Low maintenance - 8 And then any other advice would be great! Thanks, and I'm excited to be a part of the community!