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20 March 2024 | 14 replies
I look forward to what y'all bring to the table.
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19 March 2024 | 9 replies
No matter who it is, It's going to come down to how strong the deal is; bring a good deal to the table and the money will come.
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20 March 2024 | 12 replies
On the roulette table I win 25k if black comes out.
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19 March 2024 | 50 replies
I have reserved a table at BJ’s (5037 S Padre Island Dr, Corpus Christi, TX 78411) for 2pm.
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19 March 2024 | 9 replies
a good deal for a SFH flip would be the buyer being ALL IN at absolute max 80% of the ARV (including the PP, renovations, assignment fee, closing costs), but a lot of investors would say it has to be max 75%, 70%, maybe even 65%. that said, shoot for 65%, and know your renovation costs. i've used $65/sqft for a gut reno, and until proven otherwise i'm assuming it's a gut job, BUT that PPSF is not always accurate, sometimes there are unique issues with the property that would drive that number way up. it gives you a place to start, though.
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19 March 2024 | 5 replies
Contacts I've have and done deals with I reach out to when a big client is looking for something specific and has a unique set of problems that require some work to solve but have a big upside when you know the process from A-Z and how optimize a deal.
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21 March 2024 | 34 replies
if the deal still pencils with multiple strategies & you're planning to hold it long term, 20k over (in a higher cost market especially) will probably be chump change down the line. in general, it's good to not miss out on a deal just because you want a homerun deal. taking base hits get us further than waiting around for home runs. just keep in mind that if you have to come to the table with an extra 20k down (which you probably will bc the bank will only lend on the appraised value or PP whichever is lower), and you have to sell for some reason soon, you're probably losing that 20k. a risk you may be down to take if you really know your numbers, have multiple backup plans, and are in it for the long haul!
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19 March 2024 | 15 replies
@Robert Mendenhall I feel like Columbus is a uniquely positioned market right now.
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19 March 2024 | 13 replies
Usually it's somewhere between 10-20% you need to bring to the table, plus points/fees.
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18 March 2024 | 10 replies
Is it a unique setting?