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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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3 August 2024 | 11 replies
@Seo Hui Hanthat's just the BRRRR strategy, and using borrowed money for the buy.it's just about risk.low risk: buying with actual cash, from your own checking account.
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9 August 2024 | 184 replies
This ended in a bill that was defeated after the NAR lobbied their allies in Congress.
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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.
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9 August 2024 | 39 replies
Yes, I did not get the ability to depreciate it, but I don't have to ever worry about depreciation recapture either.Currently, my IRA is netting rental income of about $3500 a month and the net income will continue tax free for as long as I own it.
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5 August 2024 | 0 replies
This project showcased our ability to add significant value through strategic improvements, resulting in a profitable sale for our partnership.
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14 August 2024 | 134 replies
Most investors have not much experience and have ability to do proper due diligence, but...some of the lead in those forum are so good (and way more sophisticated than BP) to do proper DD.Although however I found discussion for CRE that's merely generating 7% income and single digit IRR with high risk of default is going on for very very long time.