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24 January 2025 | 1 reply
Personally, If I could pull out a HELOC, I would use it to fix and flip which will typically make sense as you shouldnt be keeping the money out for that long and you can recycle it or pay it back and build off the capital that you got from. the flip.
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27 January 2025 | 5 replies
Did you give her written permission to store personal items outside in a common area?
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24 January 2025 | 5 replies
Just be mindful that you can't 1031 a personal residence but it might be eligible for capital gain exclusion from section 121.
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1 February 2025 | 16 replies
I borrowed $30k on a personal loan from Discover for 15% with no fees for a plot of land and paid "cash" for it.
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2 February 2025 | 9 replies
My 4 personal STR's are all in San Antonio did over $575k in 2024 and on track for $650k in 2025.I think you are generally looking in the right areas, but there are a few things to keep in mind:1) Stay inside of 1604.
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6 February 2025 | 12 replies
lots can go into this somewhat simple question and most of it is personal preference.- you'll want to define "best", and what that looks like for you as a success.- How much money do you have to spend?
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24 January 2025 | 2 replies
Your ability to connect with them on a personal level matters more than your offer.Think about it: • The “Used Car Salesman” is only focused on closing the deal as fast as possible.
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5 February 2025 | 9 replies
Once again, this matches my personal experience that the larger, more expensive properties continue to sell better than smaller properties.
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27 January 2025 | 6 replies
If an in-person visit is not feasible, we can easily arrange video tours to accommodate your schedule.
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27 January 2025 | 5 replies
With comps ranging from $875K-$1M and your estimated build cost at $550K, the after-completion value gives you a significant equity cushion, making this project highly attractive to lenders.If you plan to hold and rent the property, you could refinance into a DSCR loan after construction, which bases lending on rental income rather than personal income.