
10 July 2024 | 256 replies
That combined with my natural aversion to shameless self-promoters led me to never invest with Scott, although I did consider it based off of his reputation.

30 June 2024 | 6 replies
I am struggling to find a CRM that combines my Real estate as an agent part of the business and my acquisition as an investor going after properties.

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.

5 July 2024 | 73 replies
This is rarely the case for the following reasons:In 15 years of doing residential and commercial real estate, I have never seen an investor sell a performing asset. 100% of the time of the investigated properties, they were losing money.

7 July 2024 | 30 replies
Hard Money is for suckers" is copywriting designed for you to want to get in touch and put in a loan request so they can sell your info to me and I can hopefully close your deal.In my marketing, I often use "Hard Money" as a blanket term for Real Estate Investors because its a widely know term, thought its rarely understood.There is good and bad to all things, including Hard Money vs Private Investor...It seems like you're giving up half your profit.I would think its worth paying a a bit of a higher rate and being able to keep 100% of the profit on some of your deals.I am happy to discuss further.

4 July 2024 | 12 replies
To evaluate the ARV, I’ve used a combination of online resources and comps pulled by a real estate agent with access to the MLS.

3 July 2024 | 3 replies
Your best bet would be to take a look at a combination of cash outs / or maybe just one in order to obtain your proceeds for the new purchase.

3 July 2024 | 8 replies
Combined with the price I paid through the auction, they are much higher than market valueproperty 1: paid 100k, owe 170k.

4 July 2024 | 9 replies
If your market is showing SF zoned comps for a ADU addition that match or exceed hands off cost of adding a ground up single ADU, your market would be rare if not unique for CA.

3 July 2024 | 6 replies
I'd get a small HELOC in combination with cash and/or partner with someone else to get a deal done.