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16 January 2025 | 0 replies
It all started with removing some interior walls and changing the floor plan, removing a chimney, adding a bedroom and bathroom, installing patio door to the backyard, and completely renovating every other interior element What was the outcome?
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15 January 2025 | 11 replies
Just in case.Ultimately whatever correlates with your future plans but a solid way to build long term wealth.
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13 January 2025 | 15 replies
I am eyeing up a property I want to buy that costs much more than usual so my plan was to use a hard money loan to purchase, and rehab it with my own money, then sell.
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19 January 2025 | 9 replies
The plan was to have the properties completed in 6 months make some money and be on our way to real estate riches.Turns out a lot of the framing was rotten and we had to completely reframe the back of one of the houses.
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13 January 2025 | 6 replies
For me to build I would want to see recent comps of sales for the finished project you are planning.
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16 January 2025 | 4 replies
I'm currently planning to purchase a commercial multifamily building in Chicago with the proceeds of a 1031 exchange.
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16 January 2025 | 7 replies
Most of the time I do the BRRRR strategy and I have scaled to 9 doors now, one of which I'm planning to flip.
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19 January 2025 | 10 replies
Just keep in mind that using that emergency fund to buy your next property and having tapped a HELOC already may leave you in a bad spot if you run into a similar problem again.Also, I’m not 100% sure, but I have heard that personal loans don’t your credit more so than other types of debt so be sure you look into that if you go the personal loans route and then planned to finance your next purchase soon after.
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21 January 2025 | 6 replies
The replacement property and planned improvements must be identified within 45 days and completed within the 180-day exchange period.
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16 January 2025 | 1 reply
I plan to live in it and then rent it out in a year.