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28 September 2024 | 1 reply
This hands-on approach could also give you more flexibility to adjust to market conditions, like listing at the right time.Lastly, even though you didn’t invest your own money in the deal, building relationships with your private money lenders and owner financiers for future deals is key.
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26 September 2024 | 13 replies
Hello everyone, I've done 3 buy and hold rental properties, and now I want to do flips, I need investors and I have some that have shown interest, in addition to speaking to private lenders that are willing to fund 70% of the LTV (based on the desired property)I'm seeing a lot of deals from wholesalers, but the problem is, some of them close in 2 weeks and some as long as a month, and they don't take conditional offers, and the good ones fly off the shelf really quick.My question is, how does someone like me close one of those deals within this short period, how do you arrange the equity and financing with little to no inspections sometimes even.I'd like to know how do I prepare myself to be able to close one of these good deals right away when they are offered to me and many others?
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28 September 2024 | 8 replies
Like @Corey Hawkinson pointed out a person can still utilize them, but with much updated adjustments and conditional variations.
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26 September 2024 | 1 reply
I understand these numbers can vary depending on financing, market conditions, and other factors, so I’d appreciate any insights based on different scenarios:All-Cash Deal: If this were an all-cash transaction, what multiples or IRR would you consider acceptable or ideal?
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26 September 2024 | 0 replies
On that campground, we have a conditional use permit (CUP) and have been approved by San Bernardino County by land use services to modify the prexissiting CUP with some additional units, dry to wet campground, pool, gazebos, utility building, etc. it’s a big project.
24 September 2024 | 10 replies
Vegas SMF is almost always the exact opposite of that. 30+ year old buildings, in less desirable neighborhoods, with flat/flatter roofs and often with shoddy exterior siding. 3) The ideal SMF would be one of those brick mansions they build in the Midwest that look like new for 50+ years, in an area with better weather.
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29 September 2024 | 18 replies
Do you usually look for specific brands when buying secondhand, or is it more about the overall condition?
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26 September 2024 | 0 replies
.- Execution: In current market conditions, of lower inventory and higher demand, timing is essential.
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23 September 2024 | 0 replies
Jason Weathers How did you finance this deal?
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23 September 2024 | 0 replies
Jason Weathers How did you finance this deal?