
2 December 2024 | 11 replies
Here are additional instructions for the form.How do I start a QOF and can an LLC be a QOF?

7 December 2024 | 9 replies
Aloha, In a market where the sale-to-list price is 97.9%, homes sold above list price is 18.7%, and homes with price drops is 51.4%, I’m exploring how to respectfully submit an offer with a 30% to 50% discount on the listing price.Beside from the following actions, are there any additional steps I can take to ensure my approach is considerate to both the seller and my agent?

4 December 2024 | 16 replies
We do currently have around $50k set aside for our next downpayment as well (that’s in addition to a $25k emergency fund).

3 December 2024 | 8 replies
I'm looking to connect with anyone who has experience with these types of loans in addition to anyone looking to build out their network as I am.I look forward to hearing from you all!

2 December 2024 | 3 replies
Scott's book on estimating rehab costs, it's a must read in this area: https://store.biggerpockets.com/products/the-book-on-estimat...In addition to that, I would check out my article on due diligence.

3 December 2024 | 4 replies
All these are great investing routes to take - if you were to go the traditional residential rental route, these often offer more stable cash flow, while Section 8 properties can provide guaranteed rent, though with some additional regulations.

7 December 2024 | 35 replies
For example:- Lender drops the LTV to account for additional risk. - Tenant agrees to either start the loan with recourse, with it burning off after the extension is signed, or start the loan as non-recourse with a springing trigger if tenant does not sign the extension soon by a certain deadline. - Lender requires a heavy TI/LC reserve until the extension is signed.

3 December 2024 | 14 replies
I have talked to the buyer of the one quad that has been completed and he is happy and is doing additional builds with them, that is also where I got my rental comp.The builder wants/needs me to provide builder financing.

3 December 2024 | 6 replies
Knocking off $4k for that additional bathroom let's say it's $170k ARV, looking at this for a flip and using the 75% formula and a $120k buy price that only leaves $7500 for a reno budget - I'm no expert but I'm pretty sure it'll take more than that!

4 December 2024 | 8 replies
The new property has to perform enough better than what you have to pay the higher interest rate on the higher balance, AND ADDITIONAL profit just to payback the $65k you lost selling.