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2 July 2024 | 0 replies
Each deal you close as a wholesaler is a plank that helps you construct a bridge toward greater investment opportunities.Wholesaling: The initial planks.
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3 July 2024 | 3 replies
Hey Corey,Here are some pros and cons of your optionsSeller Financing + Separate Renovation LoanPros:Low Down Payment & Interest Rate: This could significantly reduce your initial cash outlay and make monthly payments more manageable.Cons:Financing Rehab: You might consider a personal loan or a home equity line of credit (HELOC), though these often come with higher interest rates.
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3 July 2024 | 6 replies
I found the spreads on the fix and flip projects were only 50k - 70k because the initial purchase was high.
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2 July 2024 | 29 replies
What is your initial cash flow using the 50% rule?
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2 July 2024 | 1 reply
I also suspect home prices would initially rise on the first 1-1.5% of cuts, but ultimately fall once we get to the 3-4% range as large pre-pandemic supply comes back online, compounded by boomer land lords selling realizing the top of the market is in the rear view mirror (at least for them).If you eventually get squeezed on lower rents and valuations as the market normalizes, the ability to BRRR your pandemic era deals will be limited, so how do avoid trapping capital in the deals you already own from this environment?
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1 July 2024 | 7 replies
The biggest challenge was getting past the initial fear that comes with a flip.
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2 July 2024 | 1 reply
It turns out the boyfriend has been charge with abusive behavior and has been issued a restraining order by the courts that essentially evicted from the home.Due to the fact they both did not strong credit, I had initially taken 2 months rent from them as security deposit, with the understanding that 1 month would be returned at end of 1st year lease if they decided to renew.
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1 July 2024 | 4 replies
@Olivia Leija It is most likely dependent on the firm that you work with, but with ETS, the annual review is included in your initial price.
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1 July 2024 | 4 replies
Initially, I didn't select this route because I'm not located in the central part of Austin, but I would like to give this a try since the room is fully furnished, but will require some bedding, artwork, and a desk.
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1 July 2024 | 13 replies
My initial hire, working from 5 pm to 3 am, was aimed to provide me with more family time.