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12 February 2025 | 75 replies
If it's a high dollar home, then no more than $1,000.
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14 February 2025 | 19 replies
we can do it not rented but rate will be significantly higher. easier and more cost effective to rent it. unless the bridge money needs to be paid back asap or you need the funds back to buy more, then a cost analysis needs to be done. personally id get it rented at market rent or a touch below if time is a factor.
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20 February 2025 | 15 replies
I email all my documents as pdfs with password protection, then I text the passwords to the person receiving them.
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20 February 2025 | 5 replies
I made the submission then about 2 days later.. get a e mail Hey we love it your approved subject to a few due diligence items next step is to send of 10k .. well this was a multi million dollar deal ..
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20 February 2025 | 2 replies
so, it could be ( am throwing out random numbers) a purchase price of $350K with $10K down, and then 30-year amortization at 6.5% with a balloon payment due in 5 years.
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17 February 2025 | 15 replies
Quote from @Brendan Jones: When it's a home you intend to live in, I lean towards focusing on what you want, then making it work as best you can as a short-term rental.
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10 February 2025 | 62 replies
Then I refinance it with a long-term DSCR loan.
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19 February 2025 | 20 replies
@Robert Brock, I guess my advice is not really any different than I would say to someone wanting to be a residential wholesaler: you need to add value to the transaction.Often times, having the deal tied up is the value, but more often then not, in my limited experience with commercial wholesalers and residential, the wholesaler has no idea what someone will actually pay, so they tie up a deal at too high a price and then add their fee that turns a bad investment into a horrible investment.
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19 February 2025 | 3 replies
Thank you,KVBelow are my answers to some of your questions that I feel qualified enough to answer and then some of my personal thoughts on where to go from here."
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21 February 2025 | 13 replies
And then you got the vacation rental market.