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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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5 February 2025 | 69 replies
This halts production for anyone that is that far along - you can't just pick up trusses at your local hardware store - they are engineered for the job via the plans.
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10 January 2025 | 7 replies
U can check out ivyridgeestatescanby dot com for my 90 home project in Oregon that I did with my oregon bank and then my website for pictures of homes we built in Charleston SC which is the only market I tagged HML ( lima one) and only one time the rest were done with Ameris bank or Service first bank that is local in the market. its all about the three C's Character Collateral and capacity..
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31 January 2025 | 121 replies
@Katie Miller I found mine at a local REIA.
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2 January 2025 | 3 replies
In the event that there is an emergency, the person would need to be able to exit the apartment via the window.
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9 January 2025 | 2 replies
I was working with a local credit union who pulled out at the last minute.
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11 January 2025 | 4 replies
Staying informed about local policies is critical.Opportunities to LeverageLess Competition: Many investors are sitting on the sidelines right now due to fear or uncertainty.
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9 January 2025 | 4 replies
When managing multiple applications, it’s crucial to ensure your process is both fair and compliant with local, state, and federal housing laws, including the Fair Housing Act.A best practice to avoid any perception of bias or confusion is to process and work on one application at a time.
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15 January 2025 | 7 replies
A local Housing Commission needs a very good reason, with lots of paperwork, to exceed a limit.
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11 January 2025 | 1 reply
While I always prefer to do deals with local, responsive agents.