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8 January 2025 | 20 replies
The goal is to rehab this house then rent it to a qualified tenant until my fathers passing, at that time he has it in the will that the property is to be sold and then the profits are to be divided up between the family.
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30 December 2024 | 14 replies
I'm looking around to find some investors to take it from me and just feel a little lost with dispo, i want to make my deals super sweet sugar coated cherry on top for all my investors on my list so what i ask is if you can rip apart this deal for me and make sure i have enough meat on the bone for my investors, below are the statsFirst off address, 1011 Richard Bell Ave Perry FLPurchase price $110,000Seller says the bank is willing to let go of mortgage for $91,000ARV $180,000-$200,000Needs new roof (20 years old) and central ac system went down about a year ago (around 4k for 3 ton ac)Ive been in roofing for about 2 years and im estimating the roof will cost between 18k-20kI take constructive and negative criticism very well and i only want to improve, no opinions are unwelcome i want full scrutiny with this deal please.
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7 January 2025 | 3 replies
I heard Brandon talking about how he uses private money, rehabs, refinances, and then transfers the title to his LLC.
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8 January 2025 | 7 replies
With no comps in the area for new construction and the highest rehab selling for 205k, building enough at the onset, 4-6 new construction homes, may be the only way to start a neighborhood turn.The city is looking to increase density in the area and add anchor points in near the area to cater to future investment.
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8 January 2025 | 8 replies
The seller would need to include a clause saying what you CAN'T do, which is what a pre-payment penalty would address.
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10 January 2025 | 6 replies
I assume your wish to use a HELOC is to avoid paying interest when you are not actively rehabbing a BRRRR.
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8 January 2025 | 33 replies
Keep one mailing address and opt to receive digital notice to one same email account that you monitor.
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11 January 2025 | 18 replies
I'll work on addressing that with them.
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7 January 2025 | 7 replies
Also, having a rehab budget already laid out with explanations on how you got the numbers would help and is definitely a plus when I look at deals even though I typically wont use their numbers it at least shows a little more effort.
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3 January 2025 | 13 replies
Reports must include details of beneficial owners, such as names, birthdates, addresses, and ID documents.