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20 January 2025 | 0 replies
The profit was used to buy a higher quality SFH in the same area.
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29 January 2025 | 7 replies
For cash flow, I'd recommend checking out the Triad (Greensboro, Winston-Salem, High Point) or Fayetteville in NC and Sumter and Florence in SC.
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31 January 2025 | 0 replies
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5 February 2025 | 2 replies
I would highly recommend Realty One, the realtor Derek helped me solve all the major issues that came up and supported me in running the numbers for different properties.
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6 February 2025 | 9 replies
There are several lenders that will lend 80% of the appraised value, but for that high leverage point, most (if not all) lenders will require an appraisal.
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29 January 2025 | 6 replies
BiggerPockets also has a calculator to analyze deals, and I highly recommend you start this as soon as possible, even if you are not ready to buy.
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28 January 2025 | 6 replies
Quote from @Owen Wang: I am 17 years old and will graduate high school next year.
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28 January 2025 | 11 replies
Start with the Arizona Department of Real Estate website and verify credentials, search licensees by entering their names.
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10 February 2025 | 31 replies
To get a rough ballpark, sure, but sometimes you'll be way, way off like we've seen with the iBuyers who it turns out were too smart for their own good and ended up buying high and selling low due to to relying on data and not actual organic, boots on the ground experience pulling accurate comps like an appraiser or realtor who knows the market on not just a block by block or street by street but a house by house level.
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30 January 2025 | 6 replies
You still need some money to cover part of the rehab until you get your first draw, and if you're a brand new investor you might not qualify for 100% LTC on your first deal, but if you can partner with someone with experience on their track record or can prove significant past contractor experience then we might go that high on your first deal.