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12 December 2024 | 7 replies
I'm in Los Angeles, and the most I can pay on flips is typically 60-65%.You want to get recently sold comps to value the property, it's the best way to be sure of the value.
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19 December 2024 | 14 replies
However, if locking in lower rates and simplifying payments are prioritized, DSCR refinancing on both properties could be a better long-term play.What’s your next investment strategy—another rental or a flip?
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13 December 2024 | 9 replies
Here are some other strategies:Investor Networks: Share through local REI groups or investor meetups in Colorado and Ohio.Direct Outreach: Use mailing lists or email campaigns targeting known investors or real estate firms.Social Media: Post in real estate forums or Facebook groups for investors.Websites for Property ListingsRoofstock: Specializes in selling single-family rental properties to investors, offering built-in tools for analysis.BiggerPockets Marketplace: A hub for active real estate investors, perfect for promoting rental properties.Auction.com: If you’re open to auctioning properties, this platform reaches a broad investor audience.RealtyMogul: Offers connections to individual and institutional investors, especially for multifamily properties.MyHouseDeals: Focused on connecting with investors looking for fix-and-flip or rental properties.Zillow Rental Manager: While more general, it can still attract landlords looking to expand portfolios.Mashvisor: A great platform to market properties with detailed cash flow and rental projections.PropertyShark: Targets real estate professionals and investors with access to detailed property data.These can help you reach a broader audience and possibly sell faster.
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5 December 2024 | 20 replies
Treat flipping like a business that you want to scale, and you will be successful!
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12 December 2024 | 3 replies
or partner with a buyer for a flip?
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18 December 2024 | 12 replies
I have a lot of clients where I only get their DSCR business, but not their fix and flip.
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17 December 2024 | 4 replies
I've heard of mentees who started cleaning up construction areas on a flip at the end of each work day or picking up supplies at Home Depot and delivering them to the job site.
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14 December 2024 | 22 replies
I'll also teach you what I know about identifying the ideal property for PadSplit, refinancing, as well as strategies for flipping homes into turnkey PadSplits that command a premium on the market.
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19 December 2024 | 15 replies
For someone focused on quick flips or shorter holding periods, paying a slightly higher rate for flexibility might make more sense.
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11 December 2024 | 4 replies
Can a Freddie Mac home be purchased as a rental, BRRRR, or fix & flip?