Mike Levene
Most efficient source to pull funds from for a down payment?
16 January 2025 | 5 replies
I have some of the required funds in a HYSA, but will most likely need to draw from another account and I'm curious which method is the most efficient in terms of taxes/capital gains, penalties, loan repayments, etc.Based on my previous transactions in the market, I estimate ~$45k cash to close: $20k for the down payment, $15k for closing costs and prepaids, and $10k of starting reserves.
Justin Treaster
Dallas Fort Worth wholesalers
15 January 2025 | 27 replies
I may take you up on that.
Jaron Jackson
How to get rent payment from previous owner?
10 January 2025 | 8 replies
No other way then getting in contact or showing up on his doorstep.
David Ivy
Austin Market Report - December 2024
18 January 2025 | 1 reply
In the city, closed sales were up 12.6%.
Jacques Caspi
Just closed my first deal, what learnings would you share with a Rookie?
20 December 2024 | 3 replies
Hi community,I just closed on my first investment property and it is a house hacking project.
Bryan Christopher
Post sale - Buyer making legal threats about an appliance
17 January 2025 | 7 replies
Also turns out we had some important mail go there etc… so civil correspondence ended up worth it.
Angel Perez
Can I get a loan for a property uninhabitable?
19 January 2025 | 9 replies
I've done a few deals where the bank offered purchase + rehab funding up to 75% ARV, and then it converts automatically to a normal mortgage loan at the end of the rehab.
Joel Florek
31 units in 30 months at age 24, $70k Annual Cashflow
9 January 2025 | 116 replies
Keep it up ...
Kenneth T.
Had anyone heard of Cogo Capital?
19 January 2025 | 26 replies
They're also happy to commit to whatever your closing date is and blow right through it.
Steven Nguyen
Advice needed--BRRR- SFH
19 January 2025 | 3 replies
Here’s some guidance to help with your next steps:Hard Money Loan: Hard money lenders can often cover both the purchase price and some rehab costs (up to 70-75% of the after-repair value or ARV).