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1 December 2024 | 1 reply
My thought is is use the Rent Ready feature of reporting his payment history to the credit bureau so it can work in his favor as a trade line, but I'm wondering if this is an unnecessary added step since he can already pull transactions on his bank side.
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10 December 2024 | 39 replies
I'd say you've accomplished the goal of doing the most with the least with your current model.Having said that, you'd have to be a complete idiot to pay $1M+ for a mobile home and some wood pallet sheds.
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11 December 2024 | 34 replies
I also think I am still not completely using the program correctly.
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5 December 2024 | 2 replies
Even the big box builders like DR Horton will part with one to an investor, it just has to be near completion before they will.
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6 December 2024 | 3 replies
- Troy 2 years ago I had successfully completed half a dozen email campaigns to commercial mortgage brokers.
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5 December 2024 | 25 replies
Not bad for 2 days.This is the last unit to rehab on a quad purchase from Dec 2021 that I will be up ~$1m after the rehab is completed.
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5 December 2024 | 1 reply
I completely agree with the advice and I'm perfectly okay with not charging him rent.My concern is that by treating this property differently from all the other units in the Series LLC, I may be opening myself up to a situation where I'm weakening my LLC protections even if I keep the financials separate and in order.
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3 December 2024 | 0 replies
Purchase price: $233,000,000 Cash invested: $233,000,000 Sale price: $380,000 Introducing Your Stunning, Completely Remodeled Home!
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6 December 2024 | 2 replies
Despite the competitive pricing and the fact that it’s been completely remodeled (new roof, HVAC units, windows, floors, appliances—you name it), it’s still sitting on the market.I’m trying to figure out how to get this property to sell faster while still turning a profit.
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9 December 2024 | 16 replies
Hey Raj, There are several lenders that have a 90 days seasoning requirement on a Cash Out Refinance as long as you can demonstrate there was rehab work completed.