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2 February 2025 | 9 replies
Below is the link of the property:https://www.loopnet.com/Listing/927-Dixon-St-Tiptonville-TN/...No idea why it would be listed in the title unless the owners took some kind of government incentive that requires them to only lease to section 8 tenants.
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23 January 2025 | 23 replies
If you want to talk thru this, or work with a lender that does not require you to be a part of the loan, let me know!
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26 January 2025 | 43 replies
From what I have seen, the typical remedy is termination of the contract, refund of the EM deposit and all expenses incurred by the buyer during the failed transaction.
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26 January 2025 | 15 replies
Here are a few strategies to consider for funding a down payment:Partnering: Like Gregory mentioned, finding a partner who can contribute to the down payment in exchange for equity or a profit share is a solid option.HELOC or Cash-Out Refi: If you have equity in your home or another property, a home equity line of credit (HELOC) or cash-out refinance can provide the funds you need.Private Money: Reach out to friends, family, or private investors who may be interested in lending you the down payment with a promissory note.Seller Second: In some cases, the seller might agree to finance a portion of the down payment as a second mortgage.Live Frugally and Save: It takes time, but reducing expenses and setting aside funds from your income is a tried-and-true method.The right approach depends on your situation and deal structure, but a mix of creativity and resourcefulness can go a long way.
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5 February 2025 | 5 replies
@Jordan Miller - I think to give proper guidance it would be good to share more details on the revenues and expenses on the property.
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31 January 2025 | 11 replies
I obviously want to get the best tax benefits and write off the expenses for the house and repairs I have done.
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8 February 2025 | 12 replies
@Toby FellowsYou are correct, you need to ‘hang’ your license under a broker in order to practice real estate, and most brokerages require you to become a member of the National Association of Realtors as well.While you are preparing and taking your courses, contact several brokers and interview them to find out who might be a good fit.
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4 February 2025 | 11 replies
Here is a list of minimum Requirements: 1.
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9 February 2025 | 1 reply
The paid off student rental plus the 2nd student rental helps pays off the mortage for 2nd student rentals and living expenses for me and my wife. the duplex was cash flowing approx $300 month with the old tenants We manage everything ourselves with some help from our family.
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8 February 2025 | 3 replies
I know a lot of investors have done very well in Peirce County but I just haven't learned or know enough about that market to make an investment there.Washington state properties are expensive and can be difficult to make breakeven let alone cash flow at this moment due to the combination of high prices and interest rates.