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29 November 2024 | 0 replies
Purchase price: $18,750 Cash invested: $15,000 Purchased old house frame on 1/2 acre, intending to improve it and sell it.
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26 November 2024 | 17 replies
Feels like the most straightforward plan to get from point A to point B and sometimes it pays to KISSAcknowledging that I don't know all the numbers you are working with, but if each deal costs an extra $3k-$5k, but because of the efficiency of DSCR loans and the ability to ignore your DTI, you could maybe squeeze an extra deal or two a year in?
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30 November 2024 | 6 replies
There might be Some exceptions such as you did a bunch of repairs/improvements which increased the value of your home .
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30 November 2024 | 2 replies
Local knowledge can also improve investment outcomes.
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28 November 2024 | 22 replies
I wouldn’t invest too much in old technology right before demand creates improvements.
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30 November 2024 | 16 replies
Out of state is less capital intensive but will be more energy and time intensive to find contractors visit properties etc.
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20 November 2024 | 2 replies
5️⃣ Energy-Efficient Upgrades: Solar panels = tax credits!
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4 December 2024 | 31 replies
People think it's so easy to just find a deal that when improved, is going to give you a 25% equity position so you can get all your money back when you refi.
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14 December 2024 | 101 replies
Now I know better and my critical thinking skills improve too!
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5 December 2024 | 22 replies
You need to do renovations, improve the property, and drive up rents.