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6 June 2024 | 3 replies
That statement alone will cause you to move too quickly and take too much leverage which minimizes those solid investments you already have.Ask yourself, why do you want to scale faster?
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8 June 2024 | 21 replies
Maybe I'll branch out in the future, but not sure yet.Slow flipping or house hacking would be great, but I have a 4 month old and we love our house, so that's off the table.I guess I'm looking at ways to minimize risk when starting out.
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9 June 2024 | 35 replies
It is not minimal in cost but I think it can help in most cases.
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5 June 2024 | 0 replies
With a purchase price of $131,000 and a sale price of $189,900, the property promised substantial returns with minimal investment.
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5 June 2024 | 0 replies
The ability to sell the property the same day for $50,113 presented a unique investment opportunity with minimal risk and high returns.
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5 June 2024 | 2 replies
There's < 2 months of seasoning for the purchase, cash into the deal is ~$975k w/o rehab (minimal planned so far - turnkey), purchased the property for 35-40% below assessed value, 825+ FICO, and would optimally like to pull out $975K-$1.15M of equity.Main scenarios we've thought of to accomplish this are: 1) structure sale of property from SMLLC to self and secure 30-year new purchase financing on deal (unsure if legal and tax implications if above initial cost basis)2) delayed financing (LTV restrictions a concern)3) cash out refi (seasoning concerns)4) DSCR (seasoning and rate competitiveness concerns)5) one of the above plus a HELOC, personal loan, etc.?
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7 June 2024 | 14 replies
It would be great to time your own stay during the slightly slower months (perhaps in the Fall) so you minimize the impact on revenue.
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5 June 2024 | 0 replies
Selling the property the same day for $63,000 presented a unique investment opportunity with minimal risk and high returns.
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5 June 2024 | 9 replies
Low-cost index funds are a great way to achieve broad market exposure with minimal effort.
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5 June 2024 | 10 replies
I am open to properties that may require minimal renovations if the deal aligns with my investment criteria.My long-term plan is to scale my portfolio deliberately, ideally acquiring multiple properties within the next 1-2 years.