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15 February 2025 | 3 replies
I’m looking for insights on how to put together a deal with the following details:Asking Price: $260KMarket Value: ~ $265KProperty Details: 3 bed / 2 bath / 1,400 sq. ft.Days on Market: ~100Loan Type: VA Loan (Attempting a VA Loan Assumption)Mortgage Balance: $200KThe ChallengeThe seller is behind on mortgage payments, and while I don’t have an exact amount, the agent mentioned it’s over $20K.
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10 February 2025 | 4 replies
I dont believe so but am not an expert on the topic - I do know that in Texas at least, it is marketed for owner occupants first and then after a certain time period they allow investors to put offers in.
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3 February 2025 | 1 reply
Good potential for appreciation/rent growth upside as well in the next 5-10 years in my opinion with the market still being one of the most affordable in the country.
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20 February 2025 | 7 replies
I am trying to figure out what to do with this property and would love to hear your thoughts or ideas around this.The rent is below market but the apartments arent updated.Options:-We could keep the property and make the repairs, but would be at a loss for a couple years until rent covers expenses.
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20 February 2025 | 8 replies
This allocation should be based on the fair market value of each component, typically determined through an appraisal or the values agreed upon in the purchase agreement.
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12 February 2025 | 4 replies
I think you have the basics of meeting partners and people to work with in your local market and seem to be well on the way with two deals going already so big congrats there!
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17 February 2025 | 4 replies
Look at all the population growth, job growth, and companies moving/developing here - it's absolutely blowing up and Columbus is one of the hottest markets in the entire US.
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7 February 2025 | 13 replies
I need a consistent partner who wholesales virtually in the Central Indiana market....Every deal ive ever closed was with someone that didnt live in my market......I am boots on the ground on steroids lol
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18 February 2025 | 17 replies
If your aunt isn't in a big rush, another option may be (I'm not familiar with TX law):- Pay your aunt for a Right of First Refusal (means you get a chance to buy it before anyone, but has to be notarized by you and your aunt and filed at the courthouse)- Sell your house on or off market.
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5 February 2025 | 1 reply
Never considered it a market to invest in.