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17 February 2025 | 10 replies
🫣This doesn’t answer your question directly, but the whole concept is very close to the old time “rooming house”.
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22 February 2025 | 48 replies
.: Quote from @Jay Hinrichs: Good for you too, Jay, for closing and funding so many transactions.
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11 February 2025 | 167 replies
Given your considerable net worth, I'm a little surprised you're asking for advice on how to close a deal involving over 7 figures in crypto currency....but I guess we all have our blind spots.
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10 February 2025 | 21 replies
Hmmm, they feed you deals they lend on.
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24 February 2025 | 36 replies
No RE deal will change your life with $25K of capital.
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11 February 2025 | 5 replies
It took three years and I lost over $200,000 on those deals alone!!
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15 February 2025 | 19 replies
Cumberland is Not an easy place to invest in. i recently closed on a duplex and i am in the middle of a rehab. i am bringing my Contractors from Hyattsville MD. because is hard to find them there. also i am planning to make them STR due to the location of the property.
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12 February 2025 | 7 replies
If you need a new job once you move, you will need an offer letter prior to closing on your new home (and you will need 6 months reserves in order to be able to use the offer letter as income).
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26 January 2025 | 5 replies
That's probably what I'd do first unless you just have no experience doing these deals at all.
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8 February 2025 | 18 replies
Most work like this: Rates: 9% to 13% (Most Deals are 11-12%)Terms: up to 36 Months (Most Deals are 6-12 months)Fees: 2-4 points(%) of loan amount paid at closing (Most Deals are 3 points(%))Minimum Loan Amount: $50,000 (For loans less than $250,000 $2,500 minimum fee)Max Loan: 65%-70% of After Repair Value(ARV)100% Rehab Financing Available (Require 20% of purchase price down payment or cross-collateral)Closing Timeframe: 48 Hours - 3 Weeks (Most Deals are 2 Weeks)NO PRIMARY RESIDENCES, NON-OWNER OCCUPIED ONLY, BUSINESS AND COMMERCIAL USE ONLY.