
5 December 2024 | 34 replies
Quote from @Griffin Malcolm: The typical experience that I have had flipping homes with solar and also helping buyers/sellers on sales with solar is that the seller ends up having a request from the buyer to pay the remaining balance off from the solar debt on the home without increasing the value.

6 December 2024 | 21 replies
RE meetups that have helped me are very specific to San Francisco Bay Area market (sales and median rents in the last year and last quarter) so I'd recommend finding a meet up or session that might address your local market and if that's a viable option for you to invest in.

24 November 2024 | 3 replies
I also tried contacting support twice, and both times they only provide a link to the book in the store without addressing any portion of the inquiry.

29 November 2024 | 1 reply
Purchase price: $72,000 Cash invested: $95,000 Sale price: $140,000 househack double What made you interested in investing in this type of deal?

30 November 2024 | 2 replies
A ground-up construction loan for a new investor on some vacant land would also be a no-go as you must be able to show successful exits (refinance or sale) from a few projects before that's an option.So, we need to be able to see funds in your account that can cover the down payment, closing costs, and some reserves left over that will allow you to start your rehab.• No entity to close in: Though an LLC/entity is not a must-have, it's a nice-to-have prior to seeking financing.

28 November 2024 | 4 replies
@Isadore NelsonAre you responsible for any transfer taxes upon sale?

26 November 2024 | 2 replies
With multifamily house hacking, you live in one unit and rent out the remaining units to tenants.Why Multifamily House Hacking WorksHere’s why house hacking with a multifamily property is such a powerful strategy:Rental Income Pays Your MortgageWhen you rent out multiple units, the rental income from your tenants can cover a significant portion—if not all—of your mortgage payment.

30 November 2024 | 2 replies
I hope you made it convenient for yourself.Your loan documents should (or better) contain a due-on-sale clause.

3 December 2024 | 14 replies
My goal is to scale up over the next few years and add another 10-20 doors.I ran across someone that is saying they are building quadplexes in the same town in Texas as my current rentals there, so I have some support system there.High level this is the idea on the deal:4 units constructed as 2 duplexes on one parcel.1250sqf 3/2/1 units$650k sale price, CME is $820k according to builder, will have a independent CME done if/as I move forward.Rent per unit is $1750 based on the other quad in the developmentBest guess at this point is about $16k/year cash flow at a 9.5% cap rate.Builder is a sister company of a established company in a related industry that has done "some" builds before but not a lot.

28 November 2024 | 10 replies
The due-on-sale clause technically allows the lender to call the loan due if you transfer to an LLC, but enforcement varies.