
16 October 2024 | 22 replies
Not a smooth ride, not a steady ride, but when you get it to work you have the type of environment investors dream about.

11 October 2024 | 0 replies
What made you interested in investing in this type of deal?

11 October 2024 | 3 replies
I am the type that prefers software.

11 October 2024 | 1 reply
What made you interested in investing in this type of deal?
11 October 2024 | 11 replies
Like James was saying, it really depends on the type of neighborhood you're looking to invest in and the school districts.

11 October 2024 | 2 replies
Definitely get multiple quotes to compare, but also check out their previous work, especially for the type of renovations you're doing.For managing renovations, having a detailed plan before you start is a lifesaver—schedule, materials, and budget.

12 October 2024 | 12 replies
That’s easier for a buyer to get into the deal, but for the seller it translates into them getting $38,400 for that same land instead of only $25k.The seller could also do a land contract, with essentially the same type of terms as with the owner-financed deal, the difference really being that instead of the seller having just a mortgage lien on the property till it’s paid off, they actually retain full ownership of the land until the contract is paid in full.I would have the seller tell you what they wanna get for it, then tell them you’ll add your fee to it and find a way to make it happen… and then come back a day or two later and tell them that you found a way for them to get their price, for you to get your fee, and for it to still be appealing to potential buyers… Then walk them through the deal, how it’ll work, explain to them how your way is more beneficial for them overall, explain how your way opens up the floodgates of potential buyers now, and most importantly explain to them that doing things deals this way is very common when buying and selling land, and how its really the only way for them to get what they want outta that land 👌If you act like an expert on the subject (or at least more knowledgeable than they are) I promise they’ll most likely just follow your lead because they trust you to get it done.And if they are truly motivated to sell, then they’ll welcome with open arms any creative thinking that will help them get what they want.Good luck!

13 October 2024 | 23 replies
I don't know all of them but have been on BP long enough that if I were you, I'd talk to at least @Jay Hurst and @Devin PetersonYou could also bypass all Tax Return programs and go NonQM of some sort, such as a bank statement or other type, but you'd still have factor in your rentals.

11 October 2024 | 7 replies
Understanding the Types of Documents/StatusesWhen reviewing the results, you will encounter several types of documents.