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23 February 2025 | 11 replies
Key is to go through someone who has a direct relationship, what kills many of these deals are brokers who go to a correspondent who are a wholesaler for an isntitution.
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16 February 2025 | 4 replies
I do not know the best category to put this, so please point me in the right direction
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7 February 2025 | 1 reply
I think it would be the right direction since we already decided to buy using a VA loan and live in SC.
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6 February 2025 | 9 replies
I care about the rates as it directly affects the bottom line.
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11 February 2025 | 13 replies
This could be an opportunity to add value by offering to help with clearing or relocating those items as part of any potential agreement.Why This Could Be a Good Move for YouYou see long-term potential in the property, especially with the large lot and development possibilities (even if those are years down the line).As the current tenants, you have the advantage of a direct relationship with the landlord and familiarity with the property, reducing competition and risk.This could be a chance to lock in a property that you might otherwise lose if it hit the open market, especially in today’s competitive environment.Challenges to ConsiderIf the landlord is emotionally tied to the property or reliant on rental income, they may be reluctant to sell.Financing could be tricky, especially with today’s interest rates and the gap between the current rent and what a conventional loan might cost.The development potential you’re interested in is likely a long-term play, which means the property could be financially tight in the short term, especially if you’re only breaking even or slightly negative on cash flow.Structuring a Potential DealTo make this feasible, you’ll likely need to explore creative financing options that align with both your financial capacity and the landlord’s goals.Seller Financing: Propose a deal where the landlord acts as the lender, allowing you to make monthly payments directly to them.
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21 February 2025 | 6 replies
In some markets, prices are down a lot since summer of 2022.1) Where is the market for houses right now and which direction is the market going.2) What kind of financing is available to your buyers.
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20 February 2025 | 13 replies
.✔ Call the employer directly – If HR is off-limits, ask for a manager’s contact instead.✔ Stick to a Consistent Screening Process – Fair Housing laws require uniform screening criteria, so making an exception for one applicant could lead to discrimination claims.
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8 February 2025 | 8 replies
Many of us work with real estate investors across multiple states and can help guide you in the right direction.
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17 February 2025 | 9 replies
Also, have you looked into self-directed IRAs for real estate investing?
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5 February 2025 | 6 replies
If you need further help, DM me, and I’ll point you in the right direction!