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11 February 2025 | 8 replies
.: I didn’t realize the closing statement items were handled a different way and not included on the SchE.
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12 January 2025 | 3 replies
Creative Financing" can mean a lot of different things depending on who you're talking with.
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19 February 2025 | 1 reply
I am exploring the possibility of purchasing an off market plot of land, building a modular home, and then selling it.
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27 January 2025 | 3 replies
Stay disciplined and avoid rushing into deals without thorough due diligence.Resources for InvestorsIf you’re new to investing in distressed properties or looking to expand your portfolio, consider leveraging resources like:Local Realtors: Realtors specializing in distressed properties can assist in locating off-market deals and navigating complex transactions.Community Forums: Attend a local investor meetup or join online forums for the Phoenix market.Educational Tools: Search out webinars, workshops, or courses on investing in distressed properties.Final ThoughtsThe distressed property market in Phoenix is creating some excellent potential for the right investors willing to go the extra mile necessary to take on strategic risks associated with this category of real estate.
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29 January 2025 | 28 replies
hyper forcus on one area and go under contract directly with the sellers.
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22 February 2025 | 9 replies
Due-on-Sale Clause If transfer taxes are not a concern, the next consideration is the due-on-sale clause, which could lead to loan acceleration.
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27 January 2025 | 5 replies
I am looking to connect with the investors there as the promotors are continuing to take Asset Management fees to the tune of $450K a year (on top of PM fees) even when their payout to the investors is around $20K a quarter (not meeting preferred) and the overall fund is negative about $450K.
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25 February 2025 | 0 replies
TV shows and social media make it look like a fast track to financial freedom—but in reality, it's a tough game, especially in a market like Boston.Even if you have a down payment, you're likely using hard money loans at 10-12% interest for the purchase and rehab.
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12 February 2025 | 4 replies
I have high equity in my current duplex so planning on using that to fund down payment for the next property.
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11 February 2025 | 5 replies
Trying to understand what multi family rentals are and learning how I can invest or convince myself to invest into it or learn more on this topic to understand this is not my path.