Graham Lemly
Financing Strategies for house I want - Hard Money, Rehab or Conventional?
4 January 2025 | 1 reply
Here is some key information:Property recently hit the market and has 2 cash offers alreadyThe seller provided a pre-inspection report, which I shared with 2 different lenders, both think it may fail conventional financing due to potential structural and electrical issues (realtor thinks it could pass conventional)Seller has 100% equity but is behind on other payments (not sure of the urgency money is needed)This is my first attempt at an “investment” property so I’m new to thisI see 3 optionsMove forward with an offer using conventional loan pre-qualification-Not as attractive of an offer to the seller-Possibility that appraiser calls out structural/electrical issues that need to be fixed before closing, effectively causing financing to fail- Best terms and fewest loan fees for meUse a rehab style loan such as ChoiceRenovation-Even less attractive than a conventional offer to seller, but less risk of failed financing if appraiser calls out issues-Slightly worse fees and interest rates compared to conventional-Lenders tell me possibly up to 60-90 days closing in some cases, with red-tape for contractor requirements and draw schedules (sounds like the most hoops to jump through during rehab)Use a hard money lender-Most attractive loan option I can give to seller so I can compete-Much higher fees and interest rate for me-need to refinance into a conventional at the end of rehab (not familiar with seasoning periods but I think this is a factor as well)Which option would you do?
Eli Ling
The tenant has a roach issue, even though my building has a monthly exterminator serv
16 January 2025 | 3 replies
Could be the tenant is not using the service, doing something to attract roaches or the exterminator isn't doing their job.
Ian Johnson
Turnkey Airbnb Investment Near Atlanta Airport
19 January 2025 | 0 replies
.🏡 Property Highlights:✔ Turnkey Airbnb – Comes fully furnished with modern décor, smart TV, high-speed WiFi, and a cozy fireplace✔ Outdoor Retreat – Spacious backyard with a deck, outdoor seating, and a fireplace for guests to enjoy✔ Fully Equipped Kitchen – Stainless steel appliances, Nespresso coffee machine, and all essentials✔ Comfort & Style – 2 bedrooms with queen beds, plush towels, and high-end linens✔ Great Guest Reviews – Established Airbnb listing with consistent bookings (financials available upon request)✔ Prime Location – Easy access to downtown Atlanta, major highways, and top attractions📈 Investment Potential:✅ Strong Short-Term Rental Performance – Excellent occupancy rates in a high-demand area✅ Move-In Ready or Keep as an Airbnb – Perfect for investors, corporate housing, or first-time buyers✅ Turnkey Business Opportunity – Continue running as a successful Airbnb with minimal setup💰 Asking Price: $265,000📍 Address: 2082 Perkerson Road, SW Atlanta, GA 30310
Jonathan Small
Sunshine State Showdown: Why Invest in Florida Real Estate?
8 January 2025 | 3 replies
Whether you're looking for short-term rentals, long-term rentals, or fix-and-flips, Florida has something to offer.Favorable Tax Environment: Florida boasts no state income tax, making it an attractive option for investors looking to maximize their returns.Year-Round Appeal: Unlike seasonal markets, Florida offers consistent rental demand year-round.
Devin James
To those who consider themselves very wealthy, is wealth worth what is takes?
19 January 2025 | 46 replies
Deep down, he worries he’s not successful, confident, or attractive enough to "deserve" a beautiful partner.
Julie Muse
Highway 64 Transformation: From Fixer-Upper to $200K Success!
6 January 2025 | 0 replies
Our project management kept everything on schedule, making the property highly attractive to buyers.
Johnny Lynum
Multifamily vs. Single-Family—What’s Your Take?
17 January 2025 | 20 replies
SFH with three bedrooms attracts more people to live in, some times two families sneak in and parking on the grass can become problematic.
Nina Penuela
Innovative Strategies for Real Estate Investors
19 January 2025 | 1 reply
Here are a few innovative strategies that have been game-changers for my portfolio:- Co-Living Spaces: With affordability concerns rising, co-living setups are attracting young professionals and students.
Michael Challenger
First Time (Potential Buyer) Seeking Advice on House Flipping in Charlotte, NC
7 January 2025 | 5 replies
I recently came across a property through an agent with attractive numbers for a house flip.
Jeffrey Lewis
Commercial Real Estate Investing Clubs in Indianapolis
18 January 2025 | 8 replies
They host regular meetups, workshops, and networking events that attract investors across all levels, including those focusing on multi-family and commercial properties.