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6 February 2025 | 7 replies
In terms of finding a partner, I would recommend partnering with someone who has something that you don't have (understands renovations, real estate experience, has money, etc.)
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7 February 2025 | 3 replies
There are people who buy a longer term (12 months or more ) OPTION giving them a RIGHT to purchase a subject property, at a certain price, within a certain amount of time, and attempt to either sell the option for a higher price or close on a simultaneous purchase and sale to an end buyer paying a higher price.
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19 February 2025 | 9 replies
A variety of things could have caused this.That said, what you've described above is not so untypical in terms of the steps of the process for a fix and flip loan.
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14 February 2025 | 15 replies
Going to do short term rental as well.
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7 February 2025 | 4 replies
My passion lies in expanding my portfolio of long-term rentals and diving into property flipping as I grow in this journey.My main goals are to connect with like-minded investors and professionals, share experiences, and soak up as much knowledge as I can from this incredible community.If you’re based in Georgia or working on similar projects, I’d love to connect and hear about your journey!
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4 February 2025 | 12 replies
Remember this is a marathon......That said are you planning to flip, hold(short or long term?)
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5 February 2025 | 0 replies
Purchase price: $68,000 Cash invested: $70,000 Sale price: $195,000 I purchased a long-term rental property from the MLS that had multiple contractor issues and significant delays.
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13 February 2025 | 5 replies
.): ~$1600Savings available: ~15-20% of the purchase priceCash to close: ~$34kRehab estimate: ~$34kRemaining reserves: ~$20-25kTo fully fund the rehab, I’d need to come up with an additional ~$15k in the short term, which I anticipate paying back quickly once the rental portion is generating income.
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4 February 2025 | 1 reply
Quote from @Steve Schrag: The term "eviction" can mean many things.
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19 February 2025 | 9 replies
In terms of the permitting process, an architect that can self certified drawings would reduce the wait time to receive the permit.