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9 October 2024 | 1 reply
Here are a few tips to help you score that first deal:Network: Join local real estate groups and online forums like BiggerPockets to connect with other investors.Find Motivated Sellers: Look for distressed properties and consider sending direct mail to homeowners facing tough situations.Research the Market: Know your area’s property values by analyzing comparable sales using sites like Zillow or Redfin.Craft Compelling Offers: Highlight the benefits of a quick sale to sellers and consider a solid earnest money deposit to show you’re serious.Market Yourself: Use social media to share your journey and post flyers in local spots to attract leads.Stay Persistent: Rejection is part of the process, so learn from it and keep refining your approach.With your big business mindset and hard work, you’ll make it happen!
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11 October 2024 | 4 replies
Use this opportunity to refine your process next time.
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8 October 2024 | 9 replies
Plan is rehab it rent it and refinance it to pay back private money lender.
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11 October 2024 | 13 replies
My strategy has always been to buy in the right market cycle, renovate for value-add, rent, and refinance to release equity.
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9 October 2024 | 13 replies
Once you hit the 11th month mark refinance pull out some cash if needed and on to the next purchase.
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8 October 2024 | 10 replies
There is no seasoning required on a delayed purchase refinance loan.
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9 October 2024 | 8 replies
I will have a cash-out refinance I am going to do in Jan 2025 for the tax-sale property.
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5 October 2024 | 5 replies
Each time I try and run my numbers for a cash-out refinance, the numbers don't make sense.
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9 October 2024 | 2 replies
Or as rates drop, refinance into a lower rate.
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10 October 2024 | 31 replies
Or to have enough equity to refinance out of an FHA mortgage into conforming with no PMI?