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28 January 2025 | 16 replies
Your best security is your neighbors , they are right there and see whats going on at your property .
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10 January 2025 | 12 replies
Securing Lending shouldn't become a hurdle is the Deal numbers works.
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9 January 2025 | 16 replies
Quote from @Matt Meier: Good morning,I’ve come across a renovation property available at a significant discount and would like to secure it without going the traditional 6-month financing route.
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24 January 2025 | 0 replies
Over-budgeting is critical to ensure that renovations don’t eat into your profits.Market Fluctuations: If property values in your area do not appreciate as expected, or if you face a market downturn, the amount you can refinance for may be lower than anticipated.Financing Challenges: Securing financing for the initial purchase and rehab, as well as refinancing after the property is rehabbed, may be challenging, particularly if the property is located in an area with fluctuating values or if the rehab work doesn’t immediately improve the property’s appraised value.Tenant Risk: Rent collection and tenant management can be unpredictable.
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13 January 2025 | 12 replies
This gives you time to save or secure financing while locking in the opportunity to buy.Deferred Payments for Belongings: If the belongings on the property are a sticking point, you could offer to assist with clearing or storing them as part of the deal.
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30 January 2025 | 19 replies
As I understand, landlords there cannot charge application fees, security deposits and evictions are VERY challenging.Have communicated with several PMCs and investors in Ohio market and not aware of any real differences from Michigan.
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27 January 2025 | 6 replies
Texas tends to favor landlords in these cases, but follow the legal process exactly—any misstep could delay things.As for protecting against retaliation or property damage, installing security cameras (if you haven’t already) to monitor common areas might be worth it.
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13 January 2025 | 4 replies
However, there are ways to leverage SBA loans so they can buy a new primary and then look at their current property as an investment property and secure a DSCR loan to redevelop and rebuild.
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7 January 2025 | 5 replies
Quote from @Keilon Morton: I am looking to secure my first tax sale and need another investor to go in on the deal.
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10 January 2025 | 11 replies
Sellers may struggle to mentally shift from "owner" to "tenant," which can create challenges with boundaries and property care.Security Deposit:If you’re doing a temporary leaseback, be sure to collect a substantial security deposit to cover potential damages and ensure they vacate on time.