
22 November 2024 | 15 replies
- 10% on material from Lowe’s/HomeDepot. - Capital partner that can assist with cash as needed. - potential equity in primary residence Asks/Needs to achieve goals. - In need of assistance formulating a concrete plan to achieve goals.- Assistance putting the knowledge and resources together to close next deal. - Looking to attend real estate meetups and expand network. - Locating and putting together the right team that’s needed.- Joining communities and connecting with others on a similar path.

20 November 2024 | 25 replies
You generally need to refinance a portfolio when you deal with these low priced properties.

22 November 2024 | 15 replies
So that was a low hurdle to improve on.

26 November 2024 | 25 replies
While still low, the chances of success starting as a beginner are much greater as an agent than becoming one of the very rare highly successful wholesalers IMO.

23 November 2024 | 15 replies
If you use an FHA loan as an individual, you’ll benefit from a low down payment (3.5%) and more lenient qualification requirements, but you won’t have liability protection, and the loan will stay in your name when it becomes a rental.Using a conventional loan through an LLC offers liability protection and scalability for future investments but requires a larger down payment (15-25%) and often comes with higher interest rates.If maximizing cash-on-cash return is your goal, FHA might be the better starting point.

20 November 2024 | 4 replies
Most of these links will also be low-quality, as most link builders take the path of least resistance and buy links.It's really hard to build links and no agency is going to spend the time is takes to do it right, as the return is just not there for them unless you're paying ~$1,000+ per link.

14 November 2024 | 3 replies
There really isn't enough information here for someone to give you a proper answer.What you need to do is calculate those tax savings over the next 5-7 years (or however long you plan to stay in the house) vs. what the interest rate reduction will save you over that time period.

20 November 2024 | 18 replies
.- Will still be challenging to acquire a SFR at a low enough price to justify the cost of any conversion.Regarding Michigan property taxes, we have a one-page explanation document we'll share if you DM us. - The challenge in Detroit is that the city is "deliberately" keeping SEVs low to not scare investors away over property tax increases.

19 November 2024 | 3 replies
I don't think the market is a huge factor UNLESS its a SMALL/rural market where filling a vacancy could take longer because of low/inconsistent demand. 2.

18 November 2024 | 14 replies
They have low 20% ltvs and have market values in the ~350k.