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15 December 2024 | 7 replies
We are looking to wholesale outside of our chosen market to help build capital for projects within our chosen market (Louisiana) as I have potential deals in other markets and am not confident in how to proceed with them contractually, (don't want to be stuck with a bill I can't handle currently and also want to ensure I'm operating correctly).
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27 December 2024 | 34 replies
It seems we are facing a similar problem; real estate is not just a numbers game, which is contrary to the thinking of most investors.
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17 December 2024 | 6 replies
In this completive market, it seems as though off-market deals is the only place to really find a "comfortable" position to be in (although completely aware that we are all in a risk filled area of investing).
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18 December 2024 | 6 replies
Thanks for the thread Anna & Marlo,We are pursuing "Shared Ownership" with a small 4-plex.
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17 December 2024 | 8 replies
Horizontal cracks on the foundation may just be wear & tear.
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15 December 2024 | 7 replies
We are working to help people evaluate their situation and manage properties while these court actions are in process.
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16 December 2024 | 17 replies
Hi Jonathan- We are also in Greensboro doing property management; fix and flips; STR and Mid Term Rental management; assisting local investors with finding, purchasing or selling investment properties, etc.
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15 December 2024 | 18 replies
I have a few reasons for this. 1) We are both self-employed and our income is inconsistent. 2) We don't want to impact our DTI, because we are planning on buying a house hack within the next year or so.We would be open to going up to 6 units for our first property as long as it's within budget.Now that you have some context, is it possible for a rookie to use a DSCR loan on a duplex or triplex?
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18 December 2024 | 10 replies
It’s nice to see that we are in the same area!
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10 December 2024 | 36 replies
And some of these left HML in a tight spot borrowers could not access their draw money.. this happened just recently to Fund that Flip.. and their borrowers I know i got a call from one of them that was owed 300k in draws that was not coming.I can understand that rates aren't what they are when you close as when you get quoted, but if you offer a "rate lock" and use that term, you need to stick to it even if you aren't required by law to do so.