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7 August 2024 | 6 replies
Most people that are successfully flipping have a flipping business with either employees on staff or enough work lined up to keep a GC happy for 6 months to a year.Its a tough business to make money in when you are doing one project at a time from a distance.
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7 August 2024 | 7 replies
You can read the rules for any problematic conditions.I've evaluated a few of those properties but have not bought them.
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8 August 2024 | 17 replies
The plan I am evaluating is, and this may work well even with a very high HELOC rate, since we need to fix a few things (renovation) to take the opportunity of having a mess in the house and go for a bigger renovation that will include an addition and overall change of the front of the house.
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9 August 2024 | 47 replies
Property management is an art not a science and requires someone with experience and intuition that knows how to evaluate the total picture, not just look at a credit score.
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7 August 2024 | 3 replies
If the HELOC amount you're requesting is relatively low (often below $100,000), lenders might waive the full appraisal.Drive-By Appraisal : Instead of a full interior inspection, a drive-by appraisal involves the appraiser evaluating the exterior of the property only.Desktop Appraisal : This type of appraisal is conducted remotely using data and photos provided by the homeowner or real estate agents.Based on the little knowledge that I have about stuff like this it sounds like you need to connect with existing lenders in your network or find new lenders in your network that have programs aligned with your goals.
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14 August 2024 | 64 replies
Schedule a call with me, and I will evaluate your website and I will help you.I am not kidding.
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6 August 2024 | 3 replies
I thought this might be an interesting discussion, and I wanted to see your thoughts.The context: I am currently evaluating an out-of-state duplex in Richmond, VA which is in a C class neighborhood with upside.
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7 August 2024 | 11 replies
Having inside relationships with quality and experienced wholesalers who actually know how to properly evaluate ARV and rehab numbers is a plus.
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5 August 2024 | 7 replies
Seems really abrupt; at least when Brandon left, he explained it a couple months early. very different as brandon was like employee #2.
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6 August 2024 | 49 replies
:1) I'm now talking to owners of parcels with development potential.2) I'm now evaluating potential deals and networking in my area to gather the numbers needed to work the math (as taught in the course)3) I will soon start sending out letters of intent to purchase properties and then get them under contract.