
26 January 2025 | 6 replies
Instead of a traditional down payment, I would give them some money (maybe just to bring the loan back to even).The upside if taken over the loan at the current balance, with some rehab and hopefully getting the front lot back would be a nice ROI.

31 January 2025 | 17 replies
Some investors also use a business line of credit backed by their cash flow, which can help with future deals.If you’re planning to scale, maybe start stacking that cash for the next property or even park some in T-bills for short-term returns.

20 January 2025 | 31 replies
Most investors don’t even need an LLC and a holding company is extra, extra overkill though IMO.

21 January 2025 | 5 replies
to get more than one - or even more than two?

28 January 2025 | 14 replies
We agreed on a discounted amount and Blue Metrix stated in mid September that they were shooting for the second week of October to cash us out but even if they had to do it out of cash that it would be no later than the last day of October.

29 January 2025 | 11 replies
Wow, you're not even in the areas impacted by the fire and yet, VRBO has contacted you with (it would appear) a severe misunderstanding of your pricing.

2 February 2025 | 7 replies
I know I wouldn’t have even considered it.

24 January 2025 | 8 replies
Best to hire it out, even though it hurts the margins, it saves my time and stress substantially.

28 January 2025 | 10 replies
Also, focus on 2 years of job/income stability.Class D Properties:Cashflow vs Appreciation: Typically, all cashflow with little, maybe even negative, relative rent & value appreciationVacancy Est: 20%+ should be used to cover nonpayment, evictions & damages.Tenant Pool: majority will have FICO scores under 560 (almost 30% probability of default), little to no good tradelines, lots of collections & chargeoffs, recent evictions.

8 January 2025 | 2 replies
Just wanted to introduce myself and enjoying the Bigger Pockets site and forums.