Danth Aman
Real estate agent is representing buyer and seller. Seller is the real estate agent.
21 January 2025 | 8 replies
You can be sure they will continue to negotiate for, strategize and advise themselves.If the laws are similar where you are, you should consider if you want someone doing those things for you, and whether you are comfortable going toe-to-toe alone with a licensed professional on a $1.25 million purchase.
Zachary Rosa
1031 or not!
11 January 2025 | 7 replies
Hi,I am planning on a potential 1031 (very early stages) and would like to see what the reinvestment goal would be to maximize the befits of the 1031.property I would like to exchange purchase price $515,000sell price est: $725,000current principle balance: $350,700Interest rate 3.25Current Mortage is $2300 and it rents for $4000.
Kedric Naylor
Newbie real estate investor here
27 January 2025 | 15 replies
And how much rehab ($ amount or $ of PP) are you comfortable with in your projects?
Enrique Toledo
Seller financing financial questions
27 January 2025 | 7 replies
A borrower really needs to have at least some "skin in the game" to make lenders feel comfortable.
Jonathan Small
Sunshine State Showdown: Why Invest in Florida Real Estate?
8 January 2025 | 3 replies
Whether you're looking for short-term rentals, long-term rentals, or fix-and-flips, Florida has something to offer.Favorable Tax Environment: Florida boasts no state income tax, making it an attractive option for investors looking to maximize their returns.Year-Round Appeal: Unlike seasonal markets, Florida offers consistent rental demand year-round.
Jeanette Land
Help with adding to my profile
13 January 2025 | 14 replies
Explore creative financing options like seller financing, partnerships, or the BRRRR strategy to maximize your resources.
Geritt Shipley
Dealing with Rats
26 January 2025 | 4 replies
Anywhere there's food, warmth or comfort there's vermin.
Tayvion Payton
Would You Pay an 18% Premium for Seller Financing at 2%?
13 January 2025 | 2 replies
., Purchase Price: $475,000 ($197.9/sq. ft.).Estimated Market Value: $402,000 ($168/sq. ft.).Financing Terms: 2% interest rate, with a 9-year balloon.Unit B Income: $2,049/month (Section 8 tenant through November 2025).Unit A Income Potential: Similar rent or higher; Section 8 cap for the area is $3,234/month.Monthly Loan Payment (P+I): $1,386.Cash Flow Breakdown (if both units are rented at $2,049/month):Gross Rent: $4,098/month.Vacancy (10%): $410/month.Operating Expenses (37.3%): $1,376/month.Net Cash Flow: $943/month.Key QuestionsWould you be comfortable paying an 18% premium for financing at 2%, especially in a market where current mortgage rates are closer to 7%?
Trevor McCormick
Advise on Purchasing my first STR in Kissimmee Florida
29 January 2025 | 18 replies
@Trevor McCormick to piggyback off what others have said, determine if you are trying to maximize it as an investment or utilize it as a vacation home you will STR to help cover expenses, as this could dictate which type of property you are looking for.