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9 August 2024 | 47 replies
They are basically telling you to trust them with no ability for you to verify.
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6 August 2024 | 0 replies
We are thinking that a Hipcamp would do very well because there aren't any good ones locally and we've already had success with short term rentals.The land is $125,000 and we don't have the financial ability to purchase it or do a down payment right now.
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7 August 2024 | 73 replies
USA has the ability, now today, to supply 100% of Europe's gas needs.
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6 August 2024 | 8 replies
If your buying a building that’s $500k, you need to be getting at least $5k a month if not more or it’s not worth looking at in my opinion unless there is some other revenue source (ability to add bedrooms or units, air bnb) or you can increase rents substantially.
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6 August 2024 | 2 replies
It really just limits your exit options and decreases your ability to leverage.
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11 August 2024 | 49 replies
How would this impact my ability to get my next property?
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7 August 2024 | 11 replies
YOu as the buyer showing proof of your ability to pay (through actual bank statements with cash and/or closed sale transaction proof showing you are a proven all cash buyer that closes will instill confidence in the wholesaler and allow them to perhaps make less on the deal but can do more deals knowing they have a quality buyer in hand is a win win.
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6 August 2024 | 3 replies
I have a custody situation for my 11 yr old that limits my ability to move too far away.
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5 August 2024 | 0 replies
The deal highlighted our ability to identify profitable opportunities and execute them efficiently, delivering a substantial return on investment.
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6 August 2024 | 9 replies
Minus 40k rehab, leaves 200k toward the purchase which means you are 40k out of pocket.Now the job is over and you go to refinance and the DSCR will be based on the rent which is 2100 which is less than that 1% rule and will limit your cashout ability.