
23 May 2024 | 4 replies
Do I send a Letter of Intent?

23 May 2024 | 5 replies
My intention is to SELL the property because I want to get out of the real estate business.

23 May 2024 | 7 replies
If all 3 units are roughly the same value, then you are only getting 1/3 of the total potential benefit.There's a lot of technicalities I'm intentionally skipping here, to distill the core issue.
23 May 2024 | 6 replies
I’ve considered the idea of shopping it out to wholesalers, or even listing it, but I went into it with the intent to rent and I’d like to see that through if the numbers make sense.

23 May 2024 | 4 replies
You must have honest intentions to move into a home if you're getting a primary residence loan for it.

25 May 2024 | 11 replies
Previous 18 homes- (Began first investments, first BRRR's 4 years ago) The homes I have Renovated I renovate to a Very Very nice condition with the intent to have home in a stable position for 10-15 year run with an expected medium reno at 5-8 years in.
23 May 2024 | 1 reply
I’ve considered the idea of shopping it out to wholesalers, or even listing it, but I went into it with the intent to rent and I’d like to see that through if the numbers make sense.

23 May 2024 | 36 replies
There is clearly intent to purchase using a loan for the majority of the purchase, and then borrow back the down payment portion from your seller.

22 May 2024 | 5 replies
You can go back to the seller and state the actual value of the property and how much you're willing to pay, even if the seller intentionally listed it low to start a bidding war.
22 May 2024 | 2 replies
You can offer to lend the seller money to stop the foreclosures. 7 or do a lease with an option to buy - making up the back payments that would be considered you advance lease payment.Always look at the property if you have intentions of bidding at the auction (this can be tricky because you need to do that with the owner's permission - do try to build a rapport with seller - also look at the foreclosure suit to find out what the bank is looking for and if there is a second mortgage or other liens.At the court house steps when the auction take place you need to be well prepared with your certified funds but more importantly you need to know the fast sale value of the property - you don't want to pay retail.Get to know your competition - there will be professionals at the foreclosure auction looking to capture some serious equity.