
12 November 2024 | 1 reply
Purchase price: $70,000 Cash invested: $20,000 Sale price: $135,000 2 Bedroom 1 Bath 900 sqft fix and flip home located near public elementary school in an area that is getting fixed up.

14 November 2024 | 10 replies
Make sure the lender gives you what is called "Non-Dutch Interest" on the rehab portion, that means you do not pay interest on the rehab funds until you use them.
6 November 2024 | 19 replies
In the context of your post, licensed agents generally can't compensate non-licensed "people" (humans or non-human entities).

13 November 2024 | 14 replies
They were all non performing - many renovation loans where little reno was done and maturity date already passed - guessing it was inexperienced borrowers learning how to flip and were getting "easy" money. ya they took me out of about 14 of my deals and well being that I was getting paid it was not my place to coach them they made loans far in excess of my positions.

20 November 2024 | 37 replies
One of the reasons most developments have Mello Roos is that cost to put in all the public improvements are so high that it will stymie growth if the developers have to front it all.
21 November 2024 | 24 replies
Maybe it's a non-profit who wants to turn it into a community garden and somehow got a grant and greased some wheels in the planning office?

13 November 2024 | 8 replies
In my market they keep reducing parking requirements while removing public parking.

18 November 2024 | 35 replies
Leave them in there.If you don't, people rent them (or have their own).Usually a non-issue either way.

11 November 2024 | 12 replies
it is a public information, once paper work is done, takes 40-45 days and anybody can find out how much you actually paid.

14 November 2024 | 12 replies
I have reached out to the mortgage company, the agent I spoke with said that the payoff is non-negotiable, I asked to speak with a supervisor and am waiting on a call back.