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3 December 2024 | 1 reply
Purchase price: $242,500 Sale price: $430,000 I used private lending to cover the down payment and closing costs, then paired it with a hard money loan to fund the project.
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18 December 2024 | 5 replies
I picked Las Vegas because it’s close to me and California is out of reach.
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2 December 2024 | 4 replies
Hello everyone, first post on BiggerPockets and I have been reading up on REI for quite some time now and getting close to jumping in.
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14 December 2024 | 6 replies
These funds can cover the down payment and closing costs for your next property.3.
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14 December 2024 | 11 replies
I've been doing rentals for close to 20 years and I just learned a new trick that some people probably already know about but it wasn't something I'd seen before.
15 December 2024 | 5 replies
If I was approaching this I'd want chatbot that used the ChatGPT language model but was closed off from the internet and only trained on my data.
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12 December 2024 | 3 replies
You identify the problem (lack of deposit) during your inspection phase, then hit them with an objection that requires them to pay you a deposit at closing.
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12 December 2024 | 3 replies
If you want the best HELOC rate and you do not want to pay points or closing costs.
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12 December 2024 | 7 replies
Just go through them, select the renovated/closely matching ones, and enter them into a model.Here's my fix & flip model, you can see the comps entered and some quick stats below them: Then I use that comp data to adjust the Sale Price in the model to what I estimate it will be (double check the resale $/sf is in-line with the comps), then adjust the purchase price until I hit my desired return level.
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13 December 2024 | 11 replies
I can guarantee you'll need documentation of lease, and rental insurance before closing on another home.