Zachary Rosa
1031 or not!
11 January 2025 | 7 replies
You could also get a line of credit for about $150k (you should be able to borrow 75% of the value.)The reason I suggest this is…1) you save $40-$60k in selling costs. 2) you have a lower blended interest rate (2/3rds at 3.25% and 1/3rd at 7 or 8% instead of the whole $500k at 7 or 8%) saving you another $1k/mo in interest. 3) you only pay interest on that $150k when you actually use it, not from day 1 Unless you hate this property, or want to buy something you can’t afford without selling, that would be my plan.
Bill Goodland
Favorite Tools for Building Distressed Owners Lists
15 January 2025 | 13 replies
It also identifies signer names within the documents, allowing you to uncover the owners behind the ownership entities.Currently, lenders primarily utilize the platform to monitor client and bank activity, but we're exploring options to tailor the tools for investors.
Cody Caswell
Your Design Doesn't Always Have to be BOLD!
18 January 2025 | 3 replies
., blend a bold design with a transitional home), we decided to highlight its natural style and create this simple yet showstopper design!
Kevin Apolinario
Chef, Software Engineer, Real Estate Investor
15 January 2025 | 3 replies
Networking in these groups will help you build connections and possibly uncover off-market deals.
Dan Green
1st Position Heloc for Rental
13 January 2025 | 4 replies
With that being said, in order to make the right decision the answer is in the math of the blended rate.
Curtis Cutler
cashing in 401k? rethinking retirement.
23 January 2025 | 8 replies
You would then stress to not incur any improvement cost above $22,000 or you may have to liquidate the property.In this scenariod, $60,000 if you are making an above return at 10% to 12% annually + $30,000 making $4% in a HYSA, the average return is maybe around 8%The blended return would be about 9%You may be better off investing in the stock market, get a slightly lower return but without all the added stress / work.
Diego Trujillo
Dallas New Construction project
14 January 2025 | 2 replies
In Dallas, you’ve got a range of local outfits who focus on new construction..firms that, from what I’ve heard, know how to blend contemporary style with the Texan vibe buyers love.
Joshua Middleton
Seeking Feedback: Luxury Rental Investment Strategy for 4 Bed 2 Bath, Palm Coast FL
11 January 2025 | 4 replies
Sure, all channels can work, even seller financing or foreclosures, but in my experience, a well-connected agent can uncover hidden gems that often outperform the trickier avenues.Since the post is still fresh, I’m curious.. do you foresee other potential add ons that might elevate the returns even further, like corporate housing partnerships or short-term seasonal leases?
Doug Kirk
Liens on a property and determining position
3 January 2025 | 8 replies
They specialize in uncovering all encumbrances and can save you from unexpected surprises.
Kyle Carter
Negotiating Favorable Terms
12 January 2025 | 2 replies
can uncover key details.Leverage Creative FinancingWhen price is a sticking point, structuring the deal creatively can make it a win-win.