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6 January 2025 | 38 replies
Basically, what these guys did to some of our Real Wealth Network members allegedly is:- GEG showed RWN some of the properties they had renovated and leased out to prove their business model- They told our members via a webinar that they buy, renovate and sell rental properties below market value to investors with 8% cash flow- They said they offer non-recourse financing at 50% LTVIn reality, GEG sold properties that were not always renovated - even if the price point reflected a renovation.
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7 January 2025 | 4 replies
We were being transferred to that area and went up to look at a couple different homes in the area and that one came up that day, and we made a full asking offer immediately.
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5 January 2025 | 4 replies
While sophistication of your equity partners (private money lenders) will vary between residential and commercial, the principle of raising private capital is the same.You need to develop your own system which allows a constant stream of PML even when you don't need the funds and/or don't have an active deal under contract.For example; I raise private capital by offering free educational workshops for people with self-directed IRAs.
20 December 2024 | 1 reply
If you know of any online forums or organizations where I can learn from others and expand my network and knowledge on wholesaling or getting my first deal, I’d really appreciate any recommendations Thanks in advance for your help!
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4 January 2025 | 5 replies
Having lived in IN for 8 years before moving to Austin TX, I believe this city offers great opportunity now and much potential.
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13 January 2025 | 23 replies
The cleaning company I use started offering hot tub service about a year after I got the salt water tub and I took them up on it.
20 December 2024 | 4 replies
Feel free to inquire about their staff qualifications if it's a larger organization.2.
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3 January 2025 | 12 replies
I’m looking forward to hearing everyone’s thoughts and advice.Best,Kevin In Pittsburgh at least FHA isn't necessarily a problem, but you can't be super aggressive about you offer price with most sellers unless you're the only one interested/offering. 203k is tough to get accepted, but a typical FHA isn't the worst.
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1 January 2025 | 2 replies
Raleigh/Cary is definitely competitive..it's a booming market, but your $30K in cash gives you some solid options, especially for a BRRRR strategy.If you're looking for slightly lower-cost entry points, here are a few markets to consider:Greensboro, NC: Staying within your home state, Greensboro offers a more affordable market compared to Raleigh.
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4 January 2025 | 0 replies
They were asking 450k for it and we offered 420k.