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10 April 2024 | 11 replies
Not every project will use the exact same ratios, if you're doing a flip and everything is brand new than you probably don't need much for cap x, but if it's an old house needing repairs than that will likely need to be higher.
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10 April 2024 | 1 reply
I occasionally enjoy co-hosting (splitting costs) for client events with a lending partner but that is pretty rare as most lenders just want to hold "first time home buyer" classes/events or co-brand online ads for home buyers.
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14 April 2024 | 885 replies
I re-financed my property today that I used my business lines on credit on, which finished the BRRRR method for this property.Rough DetailsPurchase Price: $30,000Rehab: $20,000Fees paid transferring money through cash app: $338.85Holding Costs/Utilities: $675.00Closing Costs:$1000.00Total Money Invested: $52,013.85Appraisal: $80,00065% Loan: $52,000Money Left in Property: $13.85ROI: We could do the math on $13.85 but lets pretty much call it infinite at this point.The coolest thing in my opinion about this method is that I'm left with a home that has a brand new roof, AC, and an entirely renovated interior.
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10 April 2024 | 5 replies
First off brand new full-time agents don't magically gain more knowledge or experience than a part timer.
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10 April 2024 | 7 replies
Keep in mind I am brand new at this.
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9 April 2024 | 5 replies
Hey guys! Just wanted to post a quick intro. Im from London Ontario.Im from a family of real estate investors, my dad has 10 SFH rentals.Ive flipped 2 houses now, and im looking to step hard into real estate.I have my...
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10 April 2024 | 3 replies
I built a hostel in Mexico two years ago that I recent sold and am looking to build a boutique hostel brand here in the United States.
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9 April 2024 | 14 replies
I wouldn't buy a brand new home from brand new builders that do not have enough experience or those who use cheap material.
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8 April 2024 | 21 replies
I was looking at the Davenport and Kissimmee areas where you can still buy a brand new house in the low $300k’s.
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8 April 2024 | 35 replies
What if the LLC would be brand new with no financial history?