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19 February 2025 | 6 replies
I got a rehab loan for a flip from a friend for 9%, no draws, and got all the cash upfront to finish the project.
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19 February 2025 | 9 replies
What is your draw fee & benchmarks for the repairs portion of the borrowed money?
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4 February 2025 | 0 replies
See the map below for where these zip codes are located.Note: The following charts only include properties in the above zip codes that generally match our property profile: single-family homes featuring 3-4 bedrooms, 2-3 bathrooms, 2-3 car garages, 1,100 to 2,400 square feet of living space, 1 or 2 stories, and lot sizes ranging from 3,000 to 6,000 square feet, built on or after 1985.Appreciation10-Year $/SF by Zip Code 2015-01-01 to 2024-12-31From the above charts, these zip codes appear to appreciate the fastest among our target areas (based on annualized growth rate)89032 (North Las Vegas), 11.0%89015 (Henderson), 10.4%89143 (Centennial Hills), 9.9%89031 (North Las Vegas), 9.8%89138 (Summerlin), 9.4%89141 (Blue Diamond, Southern Highlands), 9.4%89128 (Summerlin), 9.3%89123 (Silverado Ranch), 9.1%89129 (Northwest), 9.1%5-Year Pre-COVID $/SF by Zip Code 2015-01-01 to 2020-03-01The COVID market frenzy and the subsequent dramatic rate hikes significantly distorted price and rent trends.
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12 February 2025 | 6 replies
It'll likely be much lower.Of course - on subsequent years the property tax footprint can rise by no more than 5% YoY.I'm trying to dial in my P&L here, so if I do find a decent investment property option, the math can be done quickly and I can get moving quickly.
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14 February 2025 | 3 replies
Also need someone to draw up a set of plans.Some walls exceed 3 feet.
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14 February 2025 | 6 replies
Subsequently I ended up buying property in 8 states, and a couple weeks ago bought 5 properties in 5 days in 3 states.
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19 February 2025 | 11 replies
What is your draw fee & benchmarks for the repairs portion of the borrowed money?
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15 February 2025 | 1 reply
Also the Amazon facility that was under construction at that time in the County was drawing new residents.
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31 January 2025 | 1 reply
Putting less down may subsequently put you in a break-even scenario or possibly even a negative cash flow.
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19 February 2025 | 0 replies
It enabled me to draw on the financial resources of others while utilizing my own knowledge and experience.So, armed with the power of syndication and a growth mindset, I'm steadily growing my business toward the incredible goal of 100,000 units.