
19 August 2024 | 4 replies
Hi Kevin,To get into fix and flips, I started by focusing on a few key steps that helped me find success:Educate Yourself: Learn the market, analyze property values, and understand rehab costs.Build a Network: Connect with real estate agents, contractors, and lenders.Secure Financing: Consider hard money or private loans for quick capital.Find the Right Property: Look for undervalued homes in growing areas.Create a Detailed Plan: Budget carefully and have a clear timeline for renovations.What worked best for me was staying disciplined with my numbers and always having a solid team in place.

22 August 2024 | 15 replies
So someone can just stop paying taxes and create a funding gap for our public schools, firefighters, and county road maintenance and now private investors & Counties are going to bankroll the cost and administrative overhead to sell their property at auction and give them back the net auction proceeds?

19 August 2024 | 1 reply
My question is, should I give up looking for a lender or private lender who would finance this at a rate below or around 8%?

20 August 2024 | 452 replies
Purchase price = $100kRehab = $25KARV= $170k1st position purchase loan (private lender) = $85k2nd position purchase loan (my own LLC) = $40kI purchase with 1st position loan at 85% LTC ($85k) from private lender.

19 August 2024 | 4 replies
What I suspect is that this is a private party deal where the buyer is an inexperienced agent and just did the contract themselves on the side.

20 August 2024 | 16 replies
Consider hiring a reliable cleaning service and have a maintenance plan in place for quick fixes.Noise and Privacy: Since the property is at the end of a dead-end road, it’s likely quiet and private.

20 August 2024 | 64 replies
It said “private well and septic”, but the health department says the septic can not used for a single family home.

19 August 2024 | 15 replies
If it's not a deal breaker, then you can likely refinance with any conventional lender or private lender, and the current lender just has to be repaid.

19 August 2024 | 6 replies
Hi @Gerard Scranton, most hard money/ private lenders won't be looking at your DTI for qualifying an investment loan.

16 August 2024 | 9 replies
The last tenants at one of my SFH rentals were comfortable securing the property remotely based on the photos and video tour, signed the lease electronically, and sent all move in funds to me electronically before they moved to the area.