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24 January 2025 | 0 replies
The refinance step is where you pull out this equity, typically in the form of a cash-out refinance.Here’s how it works:You refinance the property at its new appraised value (after rehab and renting).You take out a new loan based on that increased value, ideally for the full amount or more than what you originally paid for the property.The goal is to pull out enough money to cover the cost of the original purchase and rehab (or even more, depending on the property’s appreciation).This allows you to recover your initial investment, which can then be used to buy your next property.5.
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21 January 2025 | 10 replies
I'm an investor and Realtor based in Central NJ.
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30 January 2025 | 8 replies
I still think it's a good investment based off the numbers above regardless.
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17 January 2025 | 1 reply
I want to be able to find potential markets/listings nationally based on the return.
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18 January 2025 | 1 reply
So - somewhere 2 hours away, or somewhere you like to vacation in, or where all your family lives, or where you plan to move someday.Too many people are trying to do exactly what you're doing - pick a market based on a formula - and they end up buying a random 'cheap' property thousands of miles away, turn it over to people they've never met or even spoken to, and then... lose money.
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16 January 2025 | 7 replies
My name is Jay I'm excited to join this platform as a new investor based in Charlotte, North Carolina.
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19 January 2025 | 18 replies
DSCR loans are based off of down payment, credit score and either actual or market rents so it helps to supercharge an investor's real estate goals and net worth.
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16 January 2025 | 1 reply
I’m based out of Lehi, Utah, and have always been fascinated by the potential of real estate to create opportunities and build wealth.After spending time learning about the industry and what it takes to succeed, I’m ready to dive in and start making deals happen!
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22 January 2025 | 203 replies
Only place I felt "safe" in CA was on base.
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26 January 2025 | 43 replies
If one of those can't be shown, the request for appeal may be denied or the court may hear the appeal and return a per curium affirmed (PCA) based simply on the briefs, both of which will shorten the length of time to conclusion.I looked at the CO promulgated real estate contract, and it has a provision that the prevailing party will be awarded their costs and expenses including attorney's fees, so the parties better be sure of the strength of their positions.If it were me, I'd probably push for mediation as soon as possible.