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2 December 2024 | 34 replies
I'll be primarily focusing on the "Slow Flip Method" for a few months to see if the juice is worth the squeeze, but essentially, you look for distressed properties in or below $30k and sell them FSBO to people with bad credit for $80-$90k with $2k-$5k down.
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9 December 2024 | 20 replies
Next the investor: Investors will not pay retail for these assets because there are no barriers of entry and they can complete the same process you completed given the abundance of distressed assets available in these markets.
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30 November 2024 | 1 reply
I'm not in that market but I would recommend finding off-market deals, targeting distressed properties, or focusing on smaller multifamily units in less competitive neighborhoods.
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30 November 2024 | 1 reply
To evaluate Real esteate deals for creative financing, start by identifying seller motivations i.e. financial distress, desire for passive income, do they need a downpayment on their next house, etc and property factors like equity or existing financing terms.
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2 December 2024 | 11 replies
A QOZ is an economically-distressed community where if certain conditions are met, it may result in deferment of capital gains tax for investors.
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3 December 2024 | 29 replies
They crowdfund to purchase distressed notes and pay 12% interest annually.
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1 December 2024 | 134 replies
As an investor who invests in distressed debt.
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17 December 2024 | 86 replies
These markets will offer you distressed properties starting at 60kish or so and up to 150kish.For example, let me make up a hypothetical deal.You buy a house for 90k and am putting 60k in to add. half bath, redo the kitchen and bathroom, brand new paint and new LVP flooring all throughout.
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28 November 2024 | 4 replies
Keep in mind, most offmarket/distressed deals are traded offmarket before they even hit the auction block.
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27 November 2024 | 3 replies
Seller's response: He said, "Yes, I have heard of a land contract, but I’m kind of hesitant because I know some locals who land contracted their assets and ended up with a distressed property after a few years.