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2 July 2024 | 0 replies
Leveraging Russell's local market expertise, we secured the property for $110,000.
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3 July 2024 | 3 replies
Alternatively, look into renovation-specific loans like the Fannie Mae HomeStyle Renovation or FHA 203K loans as standalone products for rehab costs.FHA 203K LoanPros:Low Down Payment & Bundled Costs: This loan simplifies the process by combining the purchase and rehab costs into one mortgage.Cons:Interest Rate & Refinance Requirement: Higher interest rates and the need for refinancing could reduce your overall return on investment.Fannie Mae HomeStyle Renovation LoanPros:Bundled Costs: Like the FHA 203K, this loan combines purchase and renovation costs, simplifying the process.Cons:Interest Rate & Refinance Requirement: Similar to the FHA 203K loan, the need for refinancing to extract equity and convert to an investment property might add to your costs.I am a loan officer so I have some expertise in this area.
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4 July 2024 | 11 replies
(7%*(1-.3)You're being mislead by your model IRRs unless you also incorporate the HYSA balance you'll need to carry to keep the deal leveraged.You're also being mislead by the points you originally paid.
3 July 2024 | 20 replies
In terms of my business model, it's wholesaling that I want to get going.
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2 July 2024 | 0 replies
Leveraging Seth's local market expertise, we secured the property for $270,000.
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2 July 2024 | 0 replies
Leveraging their local market expertise, we secured the property for $220,000.
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2 July 2024 | 0 replies
Leveraging Seth's local market expertise, we secured the property for $175,000.
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3 July 2024 | 21 replies
We have properties in the Bryson City Area, as well as having subject matter expertise in the Greenville area.
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1 July 2024 | 2 replies
By leveraging the expertise and network of established professionals, you can condense time to accelerate your learning curve and access more lucrative opportunities.
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1 July 2024 | 6 replies
But if you want to do super detailed drawings and create 3D models, then SketchUp would be the software I’d recommend.