3 June 2024 | 4 replies
Hello,
I am looking into getting a new investment property but I'm not sure which area. I know I can only buy up to 4-units and I have house hacked before so I am not afraid of that investment strategy. I don't know...
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4 June 2024 | 4 replies
Are you using a servicer to track the payment history ?
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6 June 2024 | 57 replies
Using a 2 acre site, Fence- $20,000, Auto gate $20,000, Road???
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4 June 2024 | 5 replies
And then after an hour restoration guy appeared and helped removing water from carpet using a machine and said as soon as I start work it will avoid mound deposits so I thought it’s right to do immediately he left after 1.5 hrs And then next day again his colleague appeared and put fans and dehumidifier and said it will remove entire water from wet carpet.
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3 June 2024 | 7 replies
Check potential mates by using a form, looking into their past, checking their credit, and talking to people they know.
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2 June 2024 | 10 replies
It should be possible to get a hard money loan to finish renovations but many lenders in the space tend to be hesitant to lend in these situations (running out of money mid renovation with already using a HML)
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4 June 2024 | 221 replies
Using a life permanent life insurance policy cash value as a line of credit for your investment is a great way to have your money working at two places at the same time.
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2 June 2024 | 3 replies
@Jim Doyle- thanks 1) consider increasing the purchase price by the amount of the elec and roof work that needs to be done and then assist seller with getting the work scheduled and completed ( as this will be required to be donw before closing ) ..this way the seller is technically paying for the repairs and they wont lose any proceeds ....they will pay a little extra wa state sale excise tax but that wont amount to too much 2) consider putting less down and using some of your funds to pay for the repairs ( or part of the repairs ) 3) consider using a rehab loan 4) consider keeping the price where it is and asking for the sellers to complete repairs ( this likely wont happen) 5) get roofer and contractor estimates and get them lined up to do the work asap as it might takes weeks to get this scheduled / done 6) ask seller for extension on closing date if the work will take longer than 10 days ,,,Good luck
2 June 2024 | 2 replies
Using a 3rd party out of town manager when you live next door. . ..
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2 June 2024 | 19 replies
I have done about 500 deals there never using a realtor :)