India H.
1st time REI ready to make first purchase!
16 January 2025 | 10 replies
Understand Auction Rules:Auctions typically require fast closings, often within 7-14 days, so confirm your financing aligns with this timeline.
Colin Ford
BRRR long term buy and old for STR or long term rentals
12 January 2025 | 12 replies
Play it smart by aligning your investments with your goals, timing, and risk appetite.
Ashley Wilson
2025 Goal Setting Tips for Success
22 December 2024 | 0 replies
- At a high level often people set goals that don’t align with their overall life goals.
Sebastian Albors
New and Looking to Make First Real Estate Purchase
25 December 2024 | 8 replies
I’d suggest running the numbers on each option to see which aligns best with your long-term goals.
Gene D Stephens
Looking for Advice on Investment/DSCR loans
8 January 2025 | 10 replies
Your choice should align with whether your goal is quick resale or long-term rental income, and you should consult lenders who specialize in both DSCR and rehab-friendly options.Best regards, Stevan
Rolayne Taylor
New Beginnings 2025
19 January 2025 | 20 replies
This strategy aligns well with the buy-and-hold model.Leverage Local Expertise: Partner with professionals like real estate agents familiar with rental markets and property managers who understand tenant needs.
Melody R.
Thoughts about the virtual CPA firm The Real Estate CPA?
16 January 2025 | 18 replies
To the point where there was very little partnership or strategy alignment, and their advisors were ignoring our request for our 30 minutes in their email responses.
Adam Ortiz
Buying my first investment property out of state?
28 December 2024 | 8 replies
@Adam OrtizI align with Tim on this one.
Dominic Mazzarella
Turning Challenges Into Opportunities: How I Saved My Multi-Use Property Sale
19 January 2025 | 9 replies
Brokers and attorneys often prioritize closing deals quickly to collect their fees and move on, which doesn’t always align with your goals.
Nate McCarthy
How to approach landlord about buying their rental?
13 January 2025 | 12 replies
This could be an opportunity to add value by offering to help with clearing or relocating those items as part of any potential agreement.Why This Could Be a Good Move for YouYou see long-term potential in the property, especially with the large lot and development possibilities (even if those are years down the line).As the current tenants, you have the advantage of a direct relationship with the landlord and familiarity with the property, reducing competition and risk.This could be a chance to lock in a property that you might otherwise lose if it hit the open market, especially in today’s competitive environment.Challenges to ConsiderIf the landlord is emotionally tied to the property or reliant on rental income, they may be reluctant to sell.Financing could be tricky, especially with today’s interest rates and the gap between the current rent and what a conventional loan might cost.The development potential you’re interested in is likely a long-term play, which means the property could be financially tight in the short term, especially if you’re only breaking even or slightly negative on cash flow.Structuring a Potential DealTo make this feasible, you’ll likely need to explore creative financing options that align with both your financial capacity and the landlord’s goals.Seller Financing: Propose a deal where the landlord acts as the lender, allowing you to make monthly payments directly to them.