Daniel Dixon
Switch Indy duplex to affordable housing tenants?
18 October 2024 | 10 replies
It's slowly improving and I suspect sec 8 would be a poor choice.
David Cianci
Should I create an LLC before I buy my first property?
15 October 2024 | 40 replies
There can be particular laws or costs in some places when it comes to putting properties under an LLC.Examine Financing Options: Look into financing choices for properties held by LLCs.
Account Closed
What Is the 70% Rule in House Flipping?
21 October 2024 | 4 replies
In this case, we’ll use the traditional 70% rule, so 0.7 is plugged in.Formula: (ARV * 0.7) – rehabExample: ($100,000 * 0.7) = $50,000Why Is This “Rule” Critical?
Joseph Scorese
Close RE Deals in Any Economy Top Strategy - What are factor that you will leverage?
19 October 2024 | 0 replies
Creative FinancingFinancing can be a challenge in tough economies, but several creative strategies can make deals work: Seller Financing: Negotiate with the seller to finance part or all of the deal, reducing the need for traditional loans.
Antonio Harmon
Seeking Fix-and-Flip Insights and Connections in San Antonio & Austin
17 October 2024 | 5 replies
Antonio, my fiancée and I are both realtors, I specialize in value add property and my fiancée manages our property management company and is a traditional realtor that specializes in listing properties.
Elizabeth Rose
HELP - the appraisal company gave me a super low-ball appraisal
23 October 2024 | 27 replies
I went through a refi last year with a traditional mortgage bank. had the same scenario, first appraisal came back super low, we argued the valuation and ultimately got nowhere. we decided to start over with a different lender, and got a 2nd appraisal exactly 16 days after the first one was dated, and the valuation was almost $80k more. sometimes starting over is all you can do.
Account Closed
Breaking Down How Much Money You Need to Invest in Real Estate
21 October 2024 | 1 reply
However, you typically need to put down a lot of money upfront.Hard money loanCompared to a traditional mortgage, a hard money loan has a lower down payment—sometimes as low as 10% of the loan amount.
H. Jack Miller
What do you look for when picking a mortgage servicing company?
17 October 2024 | 1 reply
When you choice who is going to service your loan what are you looking for?
Mohit Khanna
Australian investor looking at entering US residential market
16 October 2024 | 25 replies
Delta of offered rate vs traditional lending for investment2.
David N.
2nd home/vacation mortgages available at 10%?
16 October 2024 | 13 replies
My lender just called me quite flustered to say that he has learned that no one is doing the traditional 10% down loan for second homes, which is what I was going to use.