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4 December 2024 | 17 replies
You have to get contractor bids to qualify, but ten you can do the work yourself after closing and build sweat-equity.2) Be very picky about the next property you buy and make a bunch of lowball offers to find a motivated seller, willing to sell under market.
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1 December 2024 | 377 replies
I mentioned using hard money ($300k), private (100k), acquisition fees, wholesale fees and close to $200k in refi funds.
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27 November 2024 | 9 replies
FHA also allows some flexibility with grants and assistance programs, which could help with closing costs or down payment.
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26 November 2024 | 6 replies
. $7k on holding, $16k in commission, $5 in closing brings you to 248 if everything goes according to plan.
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21 November 2024 | 12 replies
About 6ac of grass with scattered trees, a pretty wetland area, and decently close to larger towns and recreation areas (Ocala National Forest, Mt.
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26 November 2024 | 6 replies
Time is critical, especially in competitive markets.Clear Offer Terms - Present a firm offer with terms that make the seller feel confident that you can close fast, with minimal contingencies or proof of funds.Due Diligence Preparation - Have your financing lined up and know your repair/rehab costs in advance so you can move quickly without second-guessing.
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1 December 2024 | 91 replies
I have no clue what the heck your going on about with "syndicator boot camps", Nobody I know does anything even remotely close to such, nor would they, there not going to hand away there "secret sauce" and vs what they make as an active syndicator, they'd have to charge minimum $40k per student to make it remotely worth there time.
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30 November 2024 | 14 replies
I would probably focus on three things. 1) filling the vacancy for as close to the old rent as possible (to help with refinancing or selling 2) refinance it and talk to a few different banks/brokers. 3) If all else fails, list it and 1031 into another project.
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28 November 2024 | 4 replies
Let us know when you close your first deal!
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3 December 2024 | 21 replies
Lenders will probably will not allow you to close normal loans under the LLC.