
12 May 2024 | 31 replies
Do you anticipate a 3-4 month rehab period prior to listing?

10 May 2024 | 11 replies
This gives them 7 days to get rid of the trampoline and they would be on a 1 year probationary period.
10 May 2024 | 3 replies
The minimum six-month to two-year redemption period is also a major problem for a lender.If you don't have your own money, the best method is to raise private capital.

10 May 2024 | 22 replies
While it is cheap money (interest rate is typically set at prime + 1%) the loan must be paid back using amortized payment over a period of 5 years.

10 May 2024 | 8 replies
Typically private lenders won’t you CJ long periods of time unless it’s astronomical Interest as money is constantly devalued and $100k today vs 20 or 30 years from now will seem the money essentially worthlessOnly reason it works for banks is because the money they lend actually doesn’t really exist they make it up due to fractional reserve lending

9 May 2024 | 4 replies
Forced Apperception (BRRRR or buying at a discount) allows me to build in equity from the beginning of the investment in case I need to fire sale the property for an unforeseeable reason.Debt-Paydown and Tax-Benefits are just a result of owning real estate and can be more-or-less predicted over a time period.

9 May 2024 | 2 replies
I was wondering if when I buy a property at the auction and the right of redemption period is let's say 6 months can I sell the property once I have finished my renovations (fix and flip exit strategy) or do I have to wait until I am in full possession of the property after the redemption period has ended in order to transfer the deed?

9 May 2024 | 8 replies
Properties in highly desirable neighborhoods during a seller's market can often result in buyers taking a property as-is with little/no room for negotiation.The fact that they're agreeing to: a lengthier inspection period; paying for a structural engineer's assessment (Roughly a $1,200 value in my market); account for a repair budget; etc are all good signs.If you're getting this below the average value of comparable sales, it cashflows, AND you'll have peace of mind with necessary repairs & inspections, I'd say go for it!

9 May 2024 | 14 replies
You need a DSCR lender with a lower seasoning period.

10 May 2024 | 8 replies
.We are in the due diligence period and I haven't sold a property before so I appreciate the help.