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6 December 2024 | 2 replies
Any tips on how to find/market to owner finance buyers that have brought you success? For example, finding a buyer for a home that has a 500-600k purchase price, 3-3.5k in monthly payments, and 10% down. Thanks in adv...
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12 December 2024 | 6 replies
@Marc ShinThe timeline for completing the BRRRR process can vary depending on a few key factors, like the condition of the property, your financing strategy, and the speed of contractors.
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13 December 2024 | 15 replies
@Carter MayberryRefinancing your FHA loan into a commercial loan and transferring the property to your LLC is a solid strategy, but here are a few points to keep in mind:FHA typically requires a one-year ownership seasoning period before refinancing is permitted.
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10 December 2024 | 8 replies
You'd be surprised how often a deal can happen using this strategy but it is also important to run the numbers and make sure your COC return, etc are in line with your expectations.Probably the lowest risk is partnering because a seasoned investor will verify the deal (hence their participation) and likely take care of the initial money required.
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15 December 2024 | 8 replies
They are better suited for other exit strategies.
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11 December 2024 | 0 replies
The real estate game is all about relationships and strategies, and this is one of the most important topics to get right early on!
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13 December 2024 | 24 replies
Sellers or JV partners may value a hands-off partner who can handle rehabs.Start with a Strategy: Whether it's BRRRR (Buy, Rehab, Rent, Refinance, Repeat) or simply flipping properties to build capital, define a clear path for your first few deals that aligns with your long-term development goals.
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9 December 2024 | 4 replies
Are you essentially saying the expected higher interest rate is the main issue with the strategy?
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11 December 2024 | 4 replies
But hopefully you are able to find a great house hacking situation if you end up moving, its a great strategy to leave a trail of rentals behind - just as my wife and I are doing now!
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9 December 2024 | 9 replies
Then, as you buld knowledge & experience you can do bigger projects.3) The two above strategies can build funds to invest in rentals.