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5 January 2025 | 8 replies
It certainly could be a red flag, but not necessarily.
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31 January 2025 | 27 replies
I also am not sure her getting her real estate license and sell a property a year as someone suggested will qualify for the 750 hours.I know we all want to make money, but we do not want to raise red flags....
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14 January 2025 | 15 replies
Legitimate lenders may charge a small application fee (around $250) to verify you’re serious, but if someone’s asking for thousands with no real intention of closing, that’s a huge red flag.On a more positive note, there are creative financing approaches out there.
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6 January 2025 | 1 reply
The only way to justify the work is by having meat on the bone.
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22 January 2025 | 12 replies
These are business purpose loans so there isn't any sort of red tape when purchasing multiple properties at once or one after another.
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17 January 2025 | 35 replies
Thus, purchasing an app/program that provides thousands of buyers might look impressive, but maybe not for me at this point, but would be something possibly to tap into if I go virtual wholesale??
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31 January 2025 | 44 replies
Thats not my model and homes at that price point havent penciled out for me but im very much doing BRRR in my market with properties that do pencil. we add ~50k-60k of equity per BRRR on properties around 200-230k ARV You can definitely create equity in D.C. though the 200k listed above is highly unlikely, the biggest issue is at those price points you are deep in the red cash flow wise after refinancing.
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3 February 2025 | 79 replies
You find the numbers, and strategies that work in any specific market you choose, then wait until a property pops up that meats that criteria, and jump on it."
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4 January 2025 | 5 replies
A quote with no cost breakdown can definitely be a red flag—it makes it harder to understand what you’re paying for and leaves room for unexpected costs to pop up.
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7 January 2025 | 2 replies
Vetting Potential PartnersOnce I find a potential partner, what are some key questions I should ask or red flags I should look out for when vetting them?