Hemal Adani
Anyone has invested with Open door capital? How was your experience?
22 December 2024 | 105 replies
@Terry Hall My comment was to Jesse Scroggins as it appeared to me that his math was off.
Shibashis Dutta
Is Detroit market is still cashflow in 2024
30 November 2024 | 6 replies
An uneducated eye may think that's a silly statement because there appear to be a ton of listings in Detroit.But many of them aren't worth buying.
Mindy Jensen
Contractors: If I Buy Materials, Do You Still Need a Downpayment?
31 December 2024 | 66 replies
It appears to be common in my area that an order is put in and the driver takes a check.
Timothy Holden
Has anyone used builder banc?
4 December 2024 | 37 replies
Quote from @Connie Kirkpatrick: Quote from @Jay Hinrichs: Quote from @Connie Kirkpatrick: Quote from @Caroline Gerardo: Not registered in Delaware https://icis.corp.delaware.gov/ecorp/entitysearch/namesearch... not NMLS licensed in any stateNot registered in Florida https://search.sunbiz.org/Inquiry/CorporationSearch/SearchRe...8 The Green, STE 4000 is not an office- it's a virtual mail address you can get for $11 a monthhttps://www.trustpilot.com/review/builderbanc.com some of the reviews appear to be from ownership but all are pretty low 2'sDo not give them an upfront fee of any sort.When I discussed with my client, he wanted to give it a try, got the same angry reply.
Stuart Udis
If you are buying lower cost SFH's what is your exit?
9 December 2024 | 20 replies
If a seller listed a home for $100,000 but was willng to sell for $94,000 as that was likely the FMV, it would be the same to him if he accepted $100,000 with a 6% seller credit or $94,000.I looked at the zip codes of lower priced homes in Memphis, Cleveland and Indianapolis and they appeared to perform betterMemphis38105 - Prices were $35,700 in 2016 and now $116,000(220%)38106 - Prices were $21,600 in 2016 and now $60,900(180%)Cleveland44108 - Prices were $34,000 in 2016 and now $59,800(74%)44104 - Prices were $36,300 in 2016 and now $60,400(66%)Indianapolis46201 - Prices were $42,900 in 2016 and now $149,000(247%)46222 - Prices were $39,000 in 2016 and now $127,000(225%)I should mention that I don't invest in Memphis, Cleveland or Indianapolis.
Account Closed
House hacking in 2024
5 December 2024 | 11 replies
Then I refinanced down to a 6.6% rate but had to pay points but I think it was worth it because it appears rates are going to be higher for longer.
Steve K.
Due On Sale Clause About to Become More Common?
12 January 2025 | 185 replies
But also lawsuits up the ying-yang that appears to keep loosing.
Lorenzo L.
Starting a Syndication at 21 (NEED ADVICE)
4 December 2024 | 32 replies
I personally find that appearing as a guest on other people's podcasts helped to get my name out there.
Eric N.
How do you do Seller Financing/Sub2 and comply with Dodd Frank/Safe Act ?
23 December 2024 | 46 replies
Usually, the price you pay for the property is what the lowest per sq ft listings appear to go for on MLS.
Craig Salzer
Norada Capital Management notes
1 December 2024 | 68 replies
NCM appears to not have been ready for this process since it had experienced a strong market for many years.