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22 January 2025 | 14 replies
They may offer a deal that's worth pursuing.
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17 January 2025 | 35 replies
Deal Machine is good mainly for D4D.
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30 January 2025 | 5 replies
The price points do make it hard to cash flow even with the lower interest rate subject tos.
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29 January 2025 | 7 replies
I pay about $2500 a year for each of my partnership returns with my CPA regardless of whether it’s a $1M deal or a $5M deal.I would save the partnership conversation for if and when you are doing much bigger deals.
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4 February 2025 | 9 replies
Most investors are excited AND simultaneously nervous on their first few deals!
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23 January 2025 | 10 replies
How many mortgage lenders have you spoken with to get qualified and discuss allowable down payment options?
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3 February 2025 | 15 replies
Instead of paying down someone else’s mortgage, you’re setting yourself up for bigger and better deals down the road.Your first deal is going to depend on a lot of factors—how important is location?
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10 January 2025 | 1 reply
The land is on two tax lots so my plan is to sell the extra lot immediately after closing for a projected $275K.The property on the other lot will be a fix and flip with projected costs of $240K and an ARV of $750K.I plan to use a PML of 2 points and 12% APY for 70% of the total cost.
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4 February 2025 | 24 replies
One other advantage is that many of the builders that I have worked with are able to incentivise the sale with interest rate buydowns that make the deal work.Best of luck moving forward.
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3 February 2025 | 6 replies
So many things wrong with all this.First don't pay for this.