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21 January 2025 | 8 replies
If I were to do a traditional VA loan, the loan would be close to 7%.Below are what I understand to be the numbers so far:Seller purchased the property in DEC 2022 for $1.13M (owned for 2yrs)Current estimates are Zillow= $1.26M/ Redfin=$1.323MOur agreed purchase price is $1.25MSeller financing would be $120k @ 8% for 3yrs.No commission cost.Small percentage of fees/ costs in the tune of 1.5% of loan amount.Let me know what you think and if you need any additional info.
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15 January 2025 | 7 replies
Understand the fees involved and calculate the total cost for an entire year of management so you can compare the different managers.
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26 January 2025 | 17 replies
I own a 30-unit community and found it much easier and more cost effective than the 1-4 family and flips that I was doing before that acquisition.
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17 January 2025 | 7 replies
So, he's claiming the home warranty won't cover... fine, what's the repair cost?
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19 January 2025 | 9 replies
This lead to piecing together payments here and there and drastically slowed the construction process and major cost overruns.
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12 January 2025 | 185 replies
Lot's of power potential that can go horrifically wrong real fast mishandled.
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5 January 2025 | 18 replies
Today it has a small positive cash flow for its equity, but the value is up ~$1m above my costs.
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17 January 2025 | 40 replies
https://www.facebook.com/buncombeGov/videos/628829406107729Here is an infographic explaining the proposal in its current state: https://www.buncombecounty.org/common/planning/calendar-file...The planning board (who only have the power to pass a proposal on to the commissioners who would actually vote it into law) voted and agreed to hold the public hearing, yet not vote on the proposal until they have had more time to review, get focus groups together including more voices, and understand all sides of the concern.
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17 January 2025 | 28 replies
What I find to be most valuable: Ease of use, cost-savings and efficiency and here's what I mean: If using an interior designer to furnish your rental, they will hand you a list of supplies + furniture to buy and what I was able to do with Minoan is upload that list as a CSV file and then they come back with a quote of all of the items they can fulfill along with their respective discount.
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22 January 2025 | 13 replies
It was just an offer (costs extra) through a local lender I used!