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21 July 2024 | 35 replies
Not sure if this is the most recent post on land flipping, but I came across another ed platform - The Land Method and Land Riches Blueprint.
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19 July 2024 | 4 replies
Hello Brian, when you own a property "subject to" the existing mortgage and are considering reselling it using the same method, there are several important considerations and potential restrictions you need to be aware of.Due-on-Sale Clause:Most mortgages contain a due-on-sale clause, which allows the lender to demand full repayment of the loan if the property is sold or transferred.
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19 July 2024 | 4 replies
She earns points on it, which is the reason she's using Bilt has her rent payment method.
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19 July 2024 | 6 replies
This is the simplest method, but it also means your tenants are more likely to abuse the utilities by leaving windows open with the heat or A/C running, leaving lights on, ignoring the toilet that constantly flushes on its own, etc.3.
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15 July 2024 | 23 replies
You should just identify your methods.
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17 July 2024 | 4 replies
I wish I had better news for you, but it is a wide spread problem from my experience.
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19 July 2024 | 9 replies
I would be careful attempting the BRRRR method out of state to start.
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19 July 2024 | 8 replies
I usually will say who referred me to them and say that they are a friend, neighbor, family, etc and will then ask what their lead times usually are for work to be completed, how they communicate, are they comfortable working with me being out of state, how do they collect payment (terms and preferred method) and do they offer a business rate?
19 July 2024 | 4 replies
I'm currently looking into the BRRRR method (Buy, Rehab, Rent, Refinance, Repeat) and need some advice on structuring a deal for a house that's in foreclosure.Here's a brief overview of my situation:Property Value: According to Zillow, the house is worth $649,500.Current Loan Amount: $470,000, which is the current market value without any repairs.Funding: I'm looking for a hard money lender to cover 100% of the purchase cost and rehab cost.Tenants: I already have tenants in place.I'm working on getting the exact numbers for the rehab costs, but I would appreciate any advice on how to structure this deal effectively.
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19 July 2024 | 3 replies
Find Brandon's videos on YouTube for the "four square" method of analyzing homes and practice.