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5 February 2025 | 7 replies
I am not familiar with any HML on a fix and flip that would not want an appraisal as well as an estimate of costs.
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30 January 2025 | 6 replies
Then once it's acquired and/or fixed up you could shop around for long term financing if planning on holding the property rather than flipping it.
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4 February 2025 | 24 replies
I have a full time W2 that I'm passionate about, so I feel this process will allow me to time to make sound decisions as opposed to quick fix n flips.
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6 February 2025 | 1 reply
He had to reset the main breaker that turned off dryer, so it was a quick fix, but said it could prevent messing up appliance and having to pay more.
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23 January 2025 | 10 replies
The fix/flip might be a good way to get such a relationship started: usually has lower cash out of pocket requirements and you can sell the property faster to recoup the capital invested, plus any profits.
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27 January 2025 | 6 replies
Tariq It depends on the type of loan program.If it's a Freddie Mac loan 6-7s depending on PPP, LTV, Fixed Term, and location.
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31 December 2024 | 5 replies
If you are just looking to network I would go the route of meetups locally (you can check above at the toolbar, hoover over forums then to the right you have events and meetups.If you are looking to wholesale and build a list of buyers that fix and flip for deals you may have then I would pull lists from 3rd party sites like Property Radar or propstream.
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3 February 2025 | 6 replies
If you're willing and able, I do recommend the "house hacking" strategy which is just a fancy name for buying a rental property and living in one of the units, because you'll get very favorable financing - an owner-occupied fixed-rate 30-year mortgage.I'd also say, analyze that property as if you won't live there and it's a pure rental, and make sure the property is still cash flow positive if there's a tenant in your unit because then you'll know if it's actually a good investment.And when you analyze it, include payment of a property manager in your #s because if you don't, and doing so would make it go cash flow negative, then you've just bought yourself a job because you literally can't step away from managing it without losing money.
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5 February 2025 | 1 reply
I specialize in working with cash investors, helping them find off-market deals, fix-and-flips, and rental properties that align with their goals.
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23 January 2025 | 2 replies
I have been analyzing fix and flip opportunities in NYC and CT as my next venture.