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5 December 2024 | 7 replies
We’re open to considering Section 8 rentals if they align with our goals.Our initial plan is to purchase one or two properties outright with cash, although we’re still open to financing options if the right opportunity arises.We’re planning a 1- to 2-week trip soon to explore Indiana and get a feel for different cities and neighborhoods.I’d really appreciate your honest feedback.
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2 December 2024 | 2 replies
I would suggest looking to bring in a partner and give them a percentage of equity for the $.Another option is to take profits from flips to grow or look to sell some of your rentals to grow as well.
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3 December 2024 | 6 replies
It might be worth exploring those options, especially if you’re just starting out.
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3 December 2024 | 0 replies
If I had the option to rent to them again would I?
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2 December 2024 | 5 replies
A simpler but maybe less sexy option is to give the money away until its gone.
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3 December 2024 | 7 replies
ChrisI believe the only option is to download one file at a time.
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3 December 2024 | 26 replies
Baselane is a popular option with some good features, but definitely newer.
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1 December 2024 | 31 replies
Let me know if you want insights on financing options!
2 December 2024 | 17 replies
I was thinking I would give them like 90 days notice w the option to stay for a temporary rent reduction through construction phase.
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3 December 2024 | 10 replies
Cash flowing at 5% down was possible about 3 years ago—but that ship may have since sailed.Now, you’re left with two options: you can either pony up more cash per deal, or you can potentially look out of state for markets with more favorable rent-to-price ratios.Or…you can wait for rates to decline, but I don’t know how much a 100 or 150 basis point rate cut in the next year will really move the needle.That said, some firms (usually new construction companies, turnkey providers, etc.) will enter into forward commitments with lenders at institutional rates and then pass cost interest rate savings onto end buyers to entice them to purchase a property.