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7 January 2025 | 0 replies
And then decide what it will take every quarter, month, week, and day to be able to achieve those goals.
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24 December 2024 | 13 replies
Recently it has gone non-performing and is over the four month mark.
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25 December 2024 | 4 replies
The reality is the opposite - if it's not in writing then the PMC doesn't have to provide the service or can charge extra for it!
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15 January 2025 | 27 replies
In the last 2 months I was receiving a lot of deals in my email account and I received a "great deal" from a small wholesaler; 2 hours later the same property address showed up in an email from one of the "big wholesale companies" 10k dollars more expensive... the property was gone even before I could call the small wholesaler.I believe both are useful and all of us need to make a living, so I understand their role in this business.
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3 January 2025 | 4 replies
In 2022, we also bought a gutted 56-unit apartment complex and fully renovated it in 14 months (over $2.25mm in construction)!
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6 January 2025 | 7 replies
-Max LTARV is typically 75% -Is a 12-24 Month Interest-only loan with a balloon payment - Minimum credit score is typically 600 -Interest on the Rehab is usually paid per the total drawn amount.
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3 January 2025 | 7 replies
We paid $1.775 million for the notes, worked out a modification with the borrower, and received the first 5 monthly payments relatively on time.
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22 January 2025 | 8 replies
But as of today, I am strongly considering converting it into a single-family rental because based on some Zillow comps I’ve seen I could get upwards of $8000.00 per month which is more than double my mortgage, taxes and operating expenses.
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15 January 2025 | 13 replies
I also build a drive for dollars list that I slowly add addresses to every month.
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2 January 2025 | 1 reply
I intended on financing a rehab for $60k with a $15k return after 6 months.