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19 March 2024 | 12 replies
This will allow you to acquire more rental units and also being able to use the vacated unit rents at 75% to help your debt to income ratio DTI.There is a FHA 100 mile rule if you do plan on using FHA on your 2nd house hack.
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19 March 2024 | 25 replies
If you expect someone born without legs to work you expect an acquired disability person to work regardless of origin of that disability.
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20 March 2024 | 175 replies
Again, this system is designed as a shortcut to acquire knowledge/management/financing in already vetted markets.The goal with FS, high level, is to target 70-90k purchased homes in midwest markets and add 20-40k of value to sell turnkey rental for a 10-15K profit.Thanks!
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18 March 2024 | 9 replies
I feel the same way - I don't think that the property next door being a burnout should keep me from acquiring the home.Putting up fencing is a great idea!
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18 March 2024 | 6 replies
I don't do anything with list generating. but once you have located a potential property you might want to acquire, that's when my platform can help.
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19 March 2024 | 12 replies
The IRS still doesn't like "short term" 1031s, with good reason - you need to ensure that you can 100% support that it was not a flip.This was not uncommon during 2020-2022 when prices were increasing at an incredible rate, I did have a few clients where they acquired a property that was truly intended to be a rental property, had a long history of buy / renovate / hold rentals, and then the market just blew up so fast that it changed the investment analysis for that property, or in several cases they actually just received unsolicited offers that they couldn't refuse.
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19 March 2024 | 26 replies
It takes me anywhere from 2.5-4 months to acquire, renovate, find a buyer, and have them close on the property.
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17 March 2024 | 8 replies
In the meantime you'll be acquiring a hard asset for a fraction of the cost that's giving you returns.
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17 March 2024 | 23 replies
When did you acquire the property, and what is your FICO?
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18 March 2024 | 19 replies
When we turn over a property or acquire a new property to manage, this time of year normally takes longer than late spring/summer.