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18 December 2024 | 17 replies
Generally we raise capital from investors who want a fixed income and have enough meat on the bone to keep all the equity in the deals and push the valuation and also obtain commercial financing where we can get 75-80% LTV financing and still maintain a DSCR of 1.2+2.)
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13 December 2024 | 9 replies
They also have monthly meetings, site visits to fix-n-flips, some classes, etc.I'm happy to connect you into the local investing community.
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17 December 2024 | 9 replies
I fixed this the second time I advertised a property.
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15 December 2024 | 9 replies
I can’t make someone sell their property, some people will not be reduced to a dollar amount.
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16 December 2024 | 9 replies
Your biggest problems here are going to be how to properly qualify someone, what to do if someone stops paying, footing the bill if you have a big repair item, finding quality and reasonable vendors/contractors to fix things, and keeping track of payments.If this isn't you, give me some more context of where you're at and I can give some better insights.
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9 December 2024 | 9 replies
Fix and Flip is taking on a new job when you already have one.Owning rentals is wealth building.
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14 December 2024 | 2 replies
Then I fix them up, rent them out and refinance.
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14 December 2024 | 6 replies
But even if you fall under the normal amount for debt coverage there is other loans like DSCR which qualifies the propertys income and not your income.
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12 December 2024 | 6 replies
If not fixed I have seen people sell for double what the work is because they need to take on the project once closed.
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12 December 2024 | 0 replies
I have been doing fix-n-flips throughout COVID, but I have always been in the market area to manage them.