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12 January 2025 | 2 replies
The real issue you should address up front is what does the seller want?
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13 January 2025 | 8 replies
These should be reflected in the purchase price or negotiated as part of the terms, such as the seller carrying some of the renovation burden.Use seller financing to your advantage by proposing a price closer to $225,000-$250,000 with terms such as 20% down, a low interest rate (4-5%), or interest-only payments for 3-5 years, with a balloon payment once renovations are complete and cash flow stabilizes.If the seller is firm on price, consider negotiating higher down payment terms to reduce the financed amount, paired with interest-only terms or a price reduction tied to renovation milestones.Key questions to address include the condition of the septic system, which can be a significant expense if it fails.
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21 January 2025 | 10 replies
When you look them up make sure the owner isn't a LLC and that there primary address is not the same as the property you where looking at.
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16 January 2025 | 3 replies
I can disclose the property address and details if you would like to chat.
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31 January 2025 | 44 replies
We went from buying light rehabs to buying major foundation and mold issues to make numbers work until even that did not work anymore.
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11 January 2025 | 15 replies
To be honest, I would let your PM resolve the issue.
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31 January 2025 | 7 replies
Has anyone else had this same issue?
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9 January 2025 | 2 replies
You have to dig a little deeper there are questions that need to be addressed and VOE's filled out with specifics in order to use certain incomes and "stipends".Similar to a traveling nurse who get housing, meals, and other income.
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6 February 2025 | 5 replies
More information is needed for the root causes of your plumbing issues to lay blame.
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4 February 2025 | 7 replies
I've found many properties with title issues wind up with unpaid property taxes so checking on delinquent taxes, tax deed sales and lands available for taxes might help you identify some.