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13 December 2024 | 5 replies
Im open to conventional financing or seller financing.To find properties, you can network with local agents and brokers, join local real estate investment groups, use online platforms like Zillow, Realtor.com, and Redfin, send direct mail campaigns, drive for dollars, network with property managers, and explore seller financing.Good luck!
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13 December 2024 | 5 replies
With larger projects come bigger budgets, and tracking your cash flow becomes essential for profitability.
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18 December 2024 | 12 replies
How valuable is the first lender as a resource and network connection for you?
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16 December 2024 | 8 replies
For general contractors, I would network with local investors.
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13 December 2024 | 3 replies
In the meantime, I just need to keep working consistently. networking and building my team.
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11 December 2024 | 11 replies
Bigger Pockets is a great place for education and networking.
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14 December 2024 | 9 replies
Hey @Trevor Scheumann, The biggest thing to look for when visiting a new potential market is going to be to network with boots on the ground, namely property managers, highly recommended realtors and maybe a few contractors if they come from trusted sources.
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14 December 2024 | 6 replies
Here are the common exceptions:Relocation for Work: If your job requires you to move a significant distance from your current property (usually over 50 miles), you may qualify for a second FHA loan near your new workplace.Increase in Family Size: If your household has grown, and your current property no longer meets your family’s needs, you may qualify for a second FHA loan to purchase a larger home.Co-Borrower Separation: If you co-signed on an FHA loan and are no longer living in the property (e.g., after a divorce or separation), you may qualify for a second FHA loan for your primary residence.Non-Occupying Co-Borrower: If you were a co-signer but did not occupy the original property, you may qualify for another FHA loan as the primary borrower.Important Note: FHA guidelines typically require you to demonstrate that the current property will not meet your needs or is no longer feasible as your primary residence.2.
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11 December 2024 | 0 replies
Purchase price: $65,335 Cash invested: $32,301 Sale price: $197,500 Was my second BRRR investment but ended up selling the property to move into a larger one.
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12 December 2024 | 3 replies
There are a lot of different ways to deploy that $300K (or keep a larger chunk in cash for safety).