David Ivy
Austin Market Report - December 2024
18 January 2025 | 1 reply
Buyers have significantly more negotiating power.
Dhruv Patel
First rental property in Ashburn VA
14 January 2025 | 2 replies
My friend also owned a rental property in the same community so I figured it would do well.How did you find this deal and how did you negotiate it?
Jonathan Yake
First Live and Hold Deal
22 January 2025 | 2 replies
How did you find this deal and how did you negotiate it?
Frank Flores
First Time Investor
29 January 2025 | 6 replies
If you’re short on funds maybe seller financing or subject to deals, where you take over a seller’s mortgage or negotiate direct financing with them.
Danielle Levy
Filing lawsuit against property management company
29 January 2025 | 20 replies
That will typically generate a response from the PM to negotiate a settlement and avoid an investigation.
Khon Kounbandith
Sub-To Pre-foreclosure Deal
10 January 2025 | 5 replies
Cash invested: $60 Sale price: $365,000 Sub-to deal with homeowner pre-foreclosure How did you find this deal and how did you negotiate it?
Heidi Braunhardt
Downtown Fort Lauderdale Duplex Buy & Hold - Long Term & AIRBNB
26 January 2025 | 1 reply
I was ready to get into Airbnb, so this was also my first Airbnb :) How did you find this deal and how did you negotiate it?
Thomas Magill
Build-to-Rent on Benfield
29 January 2025 | 0 replies
How did you find this deal and how did you negotiate it?
Christine Garnier
Wholesaling: Difficulty Finding Reliable Corporate Cash Buyers
24 January 2025 | 0 replies
I negotiate at 70% ARV so the deals I bring are solid and I'd love to work with one single corporate cash buyer that is able to close on several deals a month.
Felicia Vinces
What makes a good seller financed deal?
28 January 2025 | 3 replies
Key Factors for a Good Seller-Financed DealCash Flow: Rental income should exceed monthly payments (PITI) by at least 1.25–1.5x.Purchase Price: Compare to ARV and market value for fair pricing and equity potential.Interest Rate: Aim for competitive rates; higher rates must still allow positive cash flow.Amortization/Balloon Terms: Favor longer amortization and align balloon payments with your exit strategy.Down Payment: Lower upfront costs reduce risk but should meet the seller's expectations.Flexibility: Seek no prepayment penalties and fair late-payment clauses.Property Condition: Ensure the property’s condition matches terms through inspections.Seller Motivation: Assess the seller’s willingness to negotiate favorable terms.Exit Strategy: Have a clear plan for refinancing or payoff at term end.Portfolio Fit: Ensure the deal aligns with your financial goals and risk tolerance.Vetting multiple deals and consulting professionals is crucial to making sound decisions.