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29 December 2020 | 40 replies
My take is I can buy it empty, have to have "vacant insurance," and have it sit empty for X long while I wait for 30+ day leases, or I can rent it regularly so it's occupied, guarded from vandals, and I'm making money while I wait for my leases, and I can work out all the post-rehab kinks with plumbing, electrical, etc.
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27 September 2018 | 7 replies
If you happen to make it on easy street then that should be taken as a side benefit of having everything work out just right, but I always say be flexible and allow for market fluxtuations and Murphy's law, andnever overextend yourelf especially when things appear to all be going your way becauese as I have said that can be short lived.
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26 September 2018 | 14 replies
Sorry it didn't work out and I lost your $100K, but it's all good, I'll send you a nice holiday card at the end of the year."4.
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27 September 2018 | 6 replies
I know I can let it go but before doing that, want to see if there is a way to make something happen that may work out for me and the seller.
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27 September 2018 | 5 replies
Is that something we work out with them ahead of time?
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3 October 2018 | 3 replies
This will more often work out in your favor rather than going all out on yard work which potential buyers may not realy like or value as much as you might think or hope.
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31 October 2018 | 26 replies
Plus it allows you clean break points if things don't work out....
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27 September 2018 | 4 replies
Homes near by have an ARV of around 80k, and all the numbers work out as long as rehab costs are around the 20k range.
27 September 2018 | 5 replies
It could work out or it could not.
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28 September 2018 | 5 replies
I have been approved for 1.2m by lender in last two months for some small mIti package that didnt work out, but If I want to go as big as possIble and I dont have the whole 675k ready like now, seems like they don’t want to send me over a $2m deal if the cash isn’t ready.