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7 January 2022 | 21 replies
Income could drop to nothing quickly and the bank wants to be able to foreclose, resell the asset and walk away without loosing money.
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24 January 2022 | 25 replies
No long term contracts in case previous owner redeems, you need to be able to cancel those leases.My thought is normally with Texas tax sales you need to plan to hold the property for two years before reselling.
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23 January 2022 | 12 replies
The reason I said that in the title is I really think it's been tougher than I thought, I live in NYC and have a full time job, I'm looking to invest outside my hometown, In Orlando I have a brother there, he's my eyes and ears so that i'm not complaining, we both are looking for fsbo's,vacant, etc, It's a market like Pittsburgh that I want to be investing in, and some of the realtors I've contacted do not want to look at properties I might have found on their site, unless there's something in it for them, and I tell them that they can have both sides of the commission, me buying, and reselling working with them.
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19 January 2022 | 12 replies
The relationships I've built here in western Washington, allow for really good prices on work, plus I refer them out to my RE sellers and buyers for work to be done before listing or when after buying.Yes indeed, the three it's going up I think the only short-term rental that we would do in Washington would be converting our own house into a short-term rental space.
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10 January 2022 | 5 replies
Does anyone here have trouble reselling a home with foundation cracks here in houston after the flip?
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9 January 2022 | 0 replies
Will convert it from a 2 bed, 1 bath to a 3 bed, 2 bath and (hopefully) re-sell later this year.
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30 January 2022 | 11 replies
We have some notes that go re-performing & those we re-sell but they are very few and it's not our main focus for an exit strategy.
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31 January 2022 | 7 replies
And they perceive that your intent in building the house was primarily to resell it.
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12 February 2022 | 5 replies
ARV - Repairs x 6% - fee, closing cost, resell fee = target price.
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18 May 2021 | 19 replies
I was planning to make up most of the mortgage payment with the money from the short term rental and now feel like I should maybe try and re-sell it, so that I get out quickly, but that is clearly a lot of money down the drain already.