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19 January 2025 | 354 replies
The big players dont want junk real estate that these notes are attached to.
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17 January 2025 | 13 replies
Need more information about local comps, the condition, and state of the market.
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16 January 2025 | 3 replies
And don’t sleep on local banks or credit unions—they sometimes offer flexible portfolio loans that could work for a deal like this.Since your wife qualifies as a first-time homebuyer, check out any state-specific programs or HUD options for down payment assistance.
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17 January 2025 | 14 replies
@Nick D.We are local to the area, I'm from Springfield MA.
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12 January 2025 | 6 replies
@Jason Khoury I purchased my current residence, a duplex, from a local non-profit about 5 years ago.
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9 January 2025 | 16 replies
Glad you have experience investing locally.
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1 February 2025 | 30 replies
The best deal I can find today is one that you buy cash, invest a rehab and when you pull out 75% of your ARV you leave maybe a small amount of money in the deal and you break even (BEFORE DISCOUNTING FOR VACANCY, REPAIRS, etc) Yes that means you leave like 10-25k in the deal and your payment becomes $3000/m and your rent is $3000 a month or slightly less.This is for my local market and for Class B or higher RE.
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14 January 2025 | 21 replies
Contractor – This is one I really need help from the bigger pockets community in the local area.
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11 January 2025 | 7 replies
A buddy of mine who invests out in Phoenix once had a client facing a similar timing mismatch on a rehab project.. they ended up working closely with a local credit union who was more open to interim valuations.
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12 January 2025 | 7 replies
I honestly wouldn't trust anyone else with my clients but him when it comes to that local market.