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23 February 2025 | 24 replies
People who don't actually own property in Detroit 2.
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10 February 2025 | 12 replies
You could structure the deal with seller financing to bridge the gap.Possible offer structure:-Purchase Price: $170K - closer to actual value-Down Payment: Low or zero down to conserve cash-Interest Rate: 3%-5% - or better yet, 0% if the seller will agree-Monthly Payments: Interest-only or deferred until the sale-Balloon Payment: Full payoff in two years when you sellIf he wants $200K, you can still make an offer of:-$170K purchase price + $30K as a second lien due at closing-Seller carries $170K at a low interest rateHe would feel closer to his number, but you still keep within reasonable investment limits.2.
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9 February 2025 | 3 replies
in either case, does anyone have tips as to go about the actual pitch?
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15 February 2025 | 9 replies
There’s also a good mix of duplexes, triplexes, and quads, so you’ve got options for a solid house hack.House hacking is actually how I got into real estate—I’ve done two house hacks with duplexes here in Chattanooga, and it’s been a game changer.
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11 February 2025 | 6 replies
The SPB and TI areas are actually generally not STR friendly and have 30 night minimums for single family residences.
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7 February 2025 | 12 replies
If you find an actual property that looks like a homerun and would warrant a HELOC, then you can go for it without reservation.
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12 February 2025 | 8 replies
My business partner and I actually own a portfolio of STR's in the area, so if you wanted some insight on that business I'm happy to share as well!
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23 February 2025 | 9 replies
We’re actually in Tucson this week so I may even have some availability to meet up.
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2 February 2025 | 8 replies
I can find the deals through certain websites and other resources, but i hav barely a clue on how to actually pull the comps.
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3 February 2025 | 31 replies
I actually had your underlying question in mind.