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7 February 2025 | 40 replies
Sorry to address such an old post, but when I saw it pop up on google and I was familiar with the company, thought I would share my experience.
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25 January 2025 | 2 replies
I am not familiar with the area other then I work in the area on occasion and would like to learn more about investing in the Jacksonville area!
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24 January 2025 | 8 replies
They are familiar with you and can give you direction and documentation.
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11 February 2025 | 13 replies
This could be an opportunity to add value by offering to help with clearing or relocating those items as part of any potential agreement.Why This Could Be a Good Move for YouYou see long-term potential in the property, especially with the large lot and development possibilities (even if those are years down the line).As the current tenants, you have the advantage of a direct relationship with the landlord and familiarity with the property, reducing competition and risk.This could be a chance to lock in a property that you might otherwise lose if it hit the open market, especially in today’s competitive environment.Challenges to ConsiderIf the landlord is emotionally tied to the property or reliant on rental income, they may be reluctant to sell.Financing could be tricky, especially with today’s interest rates and the gap between the current rent and what a conventional loan might cost.The development potential you’re interested in is likely a long-term play, which means the property could be financially tight in the short term, especially if you’re only breaking even or slightly negative on cash flow.Structuring a Potential DealTo make this feasible, you’ll likely need to explore creative financing options that align with both your financial capacity and the landlord’s goals.Seller Financing: Propose a deal where the landlord acts as the lender, allowing you to make monthly payments directly to them.
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26 January 2025 | 3 replies
I'm from Franklin, which is about 20 miles south of Nashville, and I'm very familiar with the Greater Nashville area growing up here.Feel free to reach out if you're interested in connecting and I'm happy to be a local resource.
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14 February 2025 | 15 replies
To get familiar with the area, network through local real estate groups like AZREIA, connect with multifamily brokers, and explore neighborhoods firsthand to assess tenant demand.
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10 February 2025 | 6 replies
I'm not familiar with Canadian regulations but you should look into how you can get access to money if you don't have any.
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13 February 2025 | 12 replies
Since I am most familiar with SE Ohio, I plan to start my search in Perry, Vinton, Hocking, Athens, Meigs, and Jackson counties, if you have any contacts in the area or deal with properties yourself in this niche market.
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30 January 2025 | 3 replies
In high-cost markets like Chicago, that can be tough to meet.If you're looking at a duplex, the self-sufficiency test doesn’t apply, so you’d just need to qualify based on your personal income and the rental income your lender allows.If your current lender isn’t familiar with making FHA work in your situation, it might be worth getting a second opinion from someone experienced with FHA multi-unit financing.
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23 January 2025 | 1 reply
New To the New Jersey Market, Good New Jersey tittle company that don’t need an Attorney present and familiar with wholesale deals?