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7 January 2025 | 6 replies
Based on rough assessment, the following is needed just to get it listed:NeedsLowMidHighRoof$7,747.00$12,580.00$26,037.00Siding$20,000.00$25,000.00$30,000.00Windows$9,000.00$12,000.00$18,000.00New Deck$8,000.00$10,000.00$12,000.00Roof Leak Repair$2,000.00$3,500.00$5,000.00Mold Mitigation$1,000.00$2,500.00$3,500.00AC Units$13,000.00$15,000.00$18,000.00Carpet Replacement$2,500.00$3,500.00$5,000.00Kitchen Remodel$5,000.00$10,000.00$20,000.00Total$68,247.00$94,080.00$137,537.00Due to lack of capital to fund these repairs, I believe the best option is to find an investor looking to flip.
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6 January 2025 | 2 replies
Starting with a smaller property or a few fix-and-flip projects can help you build equity, gain credibility with lenders, and better understand the process before scaling up.Securing funding for larger projects can be challenging without prior experience, but options like hard money loans might be worth exploring.
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7 January 2025 | 6 replies
Here are a few suggestions to help with the process:Use Zillow or a Similar Platform: If you already have a Zillow listing, having them apply through there is a good option.
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6 January 2025 | 2 replies
With the limited info, I would say #1 is your smartest option but there are a lot of variables missing.
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9 January 2025 | 9 replies
If yu claim one it doesn't void the option to claim the other one.Provided you meet the IRS requirements for both, as a tax strategy, you could complete exclude a portion of capital gains under Section 121 and then defer the remaining capital gains under Section 1031 (@Dave Foster is a great resource for 1031 exchange). ..
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21 January 2025 | 31 replies
My 2 cents there are certainly many options to choose from, Anderson may be a fit for what you need, only you can decide that.Good luck.Happy New Year!
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24 December 2024 | 2 replies
Outside of raising money from others or seller financing, I am looking to see if there are private or other lending options that could cover 10-20% of a downpayment on these loans with a shorter loan term of say 5 years.
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7 January 2025 | 13 replies
If the former, give her options to make sure rent is paid on time and, assuming she starts to pay on time, when it comes time to renew the lease, do not renew it.
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11 February 2025 | 1681 replies
If this was true we would all be buying options, swaps, and other derivatives.
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6 January 2025 | 3 replies
I would focus on improving your credit and obtaining a more stable income so that conventional financing is an option.