Through this journey, I’ve built strong relationships and developed valuable expertise in:Researching micromarkets and identifying comparables, potencial Accurately estimating construction or remodeling costs.Securing fast and reliable financing through partnerships with two top hard money lenders in Texas, offering competitive rates.I’m on this platform to connect with capital partners who are seeking an annual ROI of 12%-15%.

While under contract, we perform due diligence and there will be some soft costs incurred. 

If you have a good FICO, a decent down payment and closing costs, go ahead an do the first one. 

Can try to reposition to Class B, but neighborhood may impede these efforts.Vacancy Est: Historically 10%, but 15-20% should be used to also cover tenant nonpayment, eviction costs & damages.Tenant Pool: majority will have FICO scores of 560-620 (approaching 22% probability of default), many blemishes, but should have no evictions in last 2 years.

Refinancing has more nuances than it seems, and so do closing costs.

It helps create an aspirational experience and can make the home stand out in a competitive market.

Those situations go bad more often than not, costing you money and the friendship.

I had to go that far away due to the insane cost of real estate in Boston, so I fully understand the predicament.

It’s definitely smart to evaluate the tax and cost implications of your funding options.

While living in a high-cost area can present challenges, it also opens doors to creative strategies, like investing out of state or leveraging partnerships.