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1 March 2024 | 28 replies
The lender’s representative and I had spoken about 75% LTV all during this scenario.Now yesterday, I was surprised with a lender estimate that was at 70% LTV.
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2 March 2024 | 21 replies
“Do It Yourself” renovations may not represent more than 10% of the “as completed” value of the property.
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1 March 2024 | 4 replies
Jason,I know this is a late response, but since I am currently a Claim's Representative for Metro Public Adjustment Inc (Or Metro PA for short), I felt the need to chime in for others interested in learning about public adjusters.I'd first like to respond to Tim's comments about Metro PA.
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1 March 2024 | 4 replies
I represent hedge fund investors and want to know how to make this transaction experience simpler and faster from your prospective?
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1 March 2024 | 0 replies
Came across my desk and I negotiated it the same I negotiate for my occupying buyers, investor buyers and even how I protect the equity of my homeowner sellers when representing the selling side.
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2 March 2024 | 25 replies
This is especially true when you utilize low money down to purchase multifamily.Caution with Out-of-State Investing: Investing out of state entails complexities and reliance on unfamiliar parties, which may pose challenges compared to local investments where you can easily drive to and learn more quickly about.Realistic Assessment of "Cashflow" Markets: While investing in cheaper, cashflow-focused markets out of state is popular, it's important to recognize that the numbers on paper often differ from reality, and success stories may not represent the norm.Manage Expectations: Be wary of overly optimistic narratives and calculations, and ensure your investment decisions are grounded in realistic expectations and thorough research.
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1 March 2024 | 0 replies
Came across my desk and I negotiated it the same I negotiate for my occupying buyers, investor buyers and even how I protect the equity of my homeowner sellers when representing the selling side.
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1 March 2024 | 8 replies
It represents a passive investment option for individuals seeking to save money beyond traditional savings accounts, without delving into more complex investment strategies.
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29 February 2024 | 0 replies
Purchase price: $104,000 Cash invested: $20,000 Deal Deep Dive: Strategy: Buy and Hold Mid-Term Rental Buy Box: - Within 15 minutes to a major hospital - Within 10 minutes to a Starbucks (LOL)- At least two bedrooms- Light Rehab Only (paint/floors/decor)How I Found the Deal: '- networking with fellow local agents (I am an agent, for context)How I Negotiated the Deal: - Gave the seller what they were asking for to get in contract- Negotiated seller credit based off inspections - Told the agent who brought me the deal that HE could represent ME in the deal, which made it a win-win-win.
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29 February 2024 | 0 replies
How I Found the Deal: '- networking with fellow local agents (I am an agent, for context)How I Negotiated the Deal: - Gave the seller what they were asking for to get in contract- Negotiated seller credit based off inspections - Told the agent who brought me the deal that HE could represent ME in the deal, which made it a win-win-win.