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22 March 2024 | 132 replies
They can inexpensively rent a spacious condo or large villa so they won’t be interested in making their stay less pleasant in a tiny space.2.
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19 March 2024 | 19 replies
Most work this way Rates: 9% to 13% (Most Deals are 11-12%)Terms: up to 36 Months (Most Deals are 6-12 months)Fees: 2-4 points(%) of loan amount paid at closing (Most Deals are 3 points(%))Minimum Loan Amount: $50,000 (For loans less than $250,000 $2,500 minimum fee)Max Loan: 65%-70% of After Repair Value(ARV) 100% Rehab Financing Available (Require 20% of purchase price down payment or cross-collateral)Closing Timeframe: 48 Hours - 3 Weeks (Most Deals are 2 Weeks)NO PRIMARY RESIDENCES, NON-OWNER OCCUPIED ONLY, BUSINESS AND COMMERCIAL USE ONLY.
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20 March 2024 | 175 replies
Those pro forma numbers look great on paper whether flipping or buy and hold for rentals - I've talked to many California investors losing money in these inexpensive "cash flow" markets.
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17 March 2024 | 3 replies
Have all the applicants or potential applicants check out the property between a hour or two timeframe.
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17 March 2024 | 4 replies
If you are in an inexpensive area that is growing, you can often get both cash flow AND great appreciation.With that in mind, I thought it worth sharing this fresh US Census data.
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16 March 2024 | 5 replies
Do yall include a clause in your rental contract that states that when an appliance breaks, that you will have it resolved in a certain time frame?
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17 March 2024 | 29 replies
I’m sure in the following 23 years I would have been able to build up at least a $10M portfolio with a ton of owner financed deals and some traditionally financed properties as well given how inexpensive properties were then where I live.
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19 March 2024 | 214 replies
If so, are there any at in the time frame of April 28th through May 6th?
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16 March 2024 | 8 replies
Keep in mind, however, FHA buyers cannot purchase a property that has been owned under a certain time frame. you will have to hold onto the property for a few months to sell to an FHA approved buyer.
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16 March 2024 | 12 replies
will add it to my template response for why house hacking is better, why it works in expensive markets, and how the goal is not to 'cash flow.'