Jordan Kaylor
Use HELOC to buy, then refinance into mortgage?
8 January 2025 | 16 replies
So, you say will I want to take some cash out using the 200k value but most programs will require you to wait some period of time from 3 months up to 12 months for conventional before you can use that 200k value to pull cash out.This seasoning does NOT apply to delayed financing as I mentioned in my post above.
Brad Roche
FHA 203(k) vs. Fannie Mae Homestyle Renovation Loan
13 January 2025 | 5 replies
Quote from @Brad Roche: The other thing that is great for the FHA 203K loan (not sure about the Homestyle loan) is that you can kick the payments out to 6 months of ownership (so close today and make your first payment July 12th 2025) if you are fixing up the home.
Conte Cuttino
Leave 100k and rent or Flip for 30k
9 January 2025 | 10 replies
If you sell the property, a lot of the $107K cost will be eaten up in transaction cost.
Joe S.
Creating a note in order to sell it.
18 January 2025 | 4 replies
We have found it for number years so the value of the property has went up plus I did an extensive rehab.I owe about 215 not counting the last rehab that was about 60 K out of pocket.
Elan Adler
My experience buying a turnkey cash flowing (kinda) turnkey rental outside Huntsville
19 January 2025 | 18 replies
$9k/$72500=12.4% Rate of return (not including any closing costs which would reduce this return).
Chris Clarkson
Selling business/building and want to reinvest into real estate
17 January 2025 | 11 replies
There might be some negotiation room for you to adjust the taking of proceeds so that you end up the the real estate (and deferred tax) in a 1031.
Kyle Carter
Negotiating Favorable Terms
12 January 2025 | 2 replies
Account for all costs, including closing fees, holding costs, and repairs.
Ken M.
Pro Tip on Subject To - Subto
17 January 2025 | 4 replies
I've bought a couple sub-to's in the past and about to close on one next week.
Kody Smith
Hello, I'm just Getting started with creative finance.
20 January 2025 | 2 replies
Or even just use the FB group where people bring deals for a finders fee, you evaluate and then pay a % to a TC to help close the deal.