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18 February 2025 | 8 replies
@Ellis Moyewe really don't know a lot about this situation since there aren't many details in your post... but i don't think this makes any sense for anyone involved here...if it's a flip that's not selling, refinancing may not solve your problem and allow you to pay back the HML in fulland typically a sub to buyer wants a low interest rate... and if you refinance now you won't be getting a low interest rate, you'll just be getting whatever the market offers.and finally.... the vast majority of loans are NOT assumable.
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18 February 2025 | 16 replies
But on 100 year old homes in low value neighborhoods capex often exceeds cash flow over time.
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14 February 2025 | 19 replies
My point is that there are plenty of motivated participants at this price point even if the gross commission is low.
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18 February 2025 | 43 replies
- very low remaining mortgage balance!!
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25 January 2025 | 7 replies
Every flipper has found themselves at Lowe's for the fourth time in a single day, picking up yet another piece of material for a project.
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13 February 2025 | 3 replies
Multifamily properties (2-4 units) can be a great way to build your portfolio while minimizing risk—especially with FHA or conventional low-down-payment options.Also, networking is huge.
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10 February 2025 | 7 replies
Depending on her income level, she may be able to write off a portion against her income.
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7 February 2025 | 1 reply
As a result, inventory levels have remained historically low, particularly in markets where demand is high.
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5 February 2025 | 35 replies
Is it possible to buy a property in Seattle low enough to get 1%, yes.
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17 February 2025 | 4 replies
Always recommend local (or at least some level of boots on the group).