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Results (10,000+)
Philip Jones Refi LENDERS in BRRRR
18 November 2024 | 16 replies
@Philip Jones we've helped our clients do over a hundred.As some of the lenders posting have pointed out, the challenges are:1) Property value and corresponding loan size2) Appraisals have much better comparables than 5 years ago, but may still be an issue.3) Property condition can be an issue via the appraisal4) Ownership seasoning - most lenders looking for 6+ months or incredible documentation for cost of improvements made.5) Most DSR lenders require professional property management.Always try a small local bank or credit union, but most will expect you to transfer your business bank accounts over to them. 
Derek Bell Check out deal analysis
18 November 2024 | 12 replies
I will offer this suggestion, If you can secure long-term tenants post-leaseback and consider future value-add improvements, the property could yield even greater returns.Also, keep a close eye on commercial real estate trends in Middle Tennessee, especially given the area’s growth.
Kyle Deboer What are some things you wish you did before you started in real estate
12 November 2024 | 5 replies
Study and read your local lease templateRead, read, read.Watch youtube videos online of some basic building and construction.
Michael Belz Seeking Advice on Wholesaling or Fix-and-Flip Options for Bank-Owned Property
15 November 2024 | 5 replies
Alternatively, I’m considering wholesaling it for a quick $20K, but I’m not sure how to find local investors who can move quickly and close within the bank’s timeframe.I’d appreciate any tips or guidance on whether I’m approaching this the right way, ways I could improve, or how to effectively connect with local investors who could allow me to wholesale this property and make some immediate cash.
Francis Figueroa Difference between Wholesaling & Assignment
11 November 2024 | 1 reply
Any resources or videos (outside of youtube) would be greatly appreciated. 
Chris Williams Deal Going Sour
15 November 2024 | 18 replies
It isn't easy, fun or immediate but contrary to the youtubers and podcasters out there that is what it takes. 
Mad Dendukuri When is relocation to tenants required for doing repairs
13 November 2024 | 8 replies
Generally, tenants don’t have the right to demand relocation for purely cosmetic improvements, nationally. 
John Su Jerome Village Income Charge
14 November 2024 | 1 reply
I guess the purpose for this is to help fund community improvements and maintenance though it's a bit unusual since HOA fees and property taxes typically cover these.
Christina Haws Purchasing a mobile home/RV Park with seller financing
13 November 2024 | 6 replies
We have worked on improving the physical appearance and infrastructure of the park, updating the homes, getting a new sign, advertising it online, and creating a website (www.shadyacreshuntington.com).
Matthew Posteraro How do I get involved in Real Estate while I begin to save money for a down payment?
14 November 2024 | 10 replies
They are most likely selling something.Definitely listen to the David Green Podcast on YouTube.