Chris Morris
Detroit Wholesalers: Why Do Your Deals Suck So Bad?!
17 January 2025 | 10 replies
Investors like me are left sifting through overpriced junk instead of finding real opportunities.Pro Tip: The average wholesale contract is for a 30 day "inspection", while the wholesaler looks for a buyer.
Shayan Sameer
Using Home Equity for Fix/Flip or rental property
6 January 2025 | 8 replies
Other risks, the contractor walking off the job, a storm hitting and delaying the project for weeks, someone breaking into the home and stealing stuff (which happened just the other day to a client of mine), a squatter, or drunk driver driving into the house (happened a lot at my old job as a firefighter lol).
Mikal Toliver
New investor looking to serve and learn
1 January 2025 | 12 replies
Welcome to the community and be ready for a huge amount of information at your finger tips.
Rob U.
Flipping homes on land leases
1 January 2025 | 5 replies
Additionally, properties with high monthly costs struggle to compete with fee-simple homes, affecting resale value.
Spencer Elliott
Keeping Land Loan separate from site prep and home loan
2 January 2025 | 2 replies
Quote from @Spencer Elliott: Long story short, land is on loan and I’m purchasing a manufactured lot as a temporary home/future ADU to my final build.
Daniel Vo
Daniel New Member Introduction
24 January 2025 | 16 replies
Welcome to the community and be ready for a huge amount of information at your finger tips.
Doug Wade
Best STR books to read!
30 December 2024 | 16 replies
Nowadays many vacation homes are priced as STR businesses with profits baked into the price (with future guests expecting instagram furnishings).
Brady Morgan
Securities Based Lending for Low Interest Rate
17 January 2025 | 19 replies
When you said "New Construction" I was assuming, wrongly" that you meant buying a newly constructed home and perhaps thinking you were getting some kind of bargain that created equity.
Sean Gallagher
Scaling out of state while busy working my W-2
12 January 2025 | 23 replies
Soon I would be doing a home a month+.
John Davey
Can you deduct interest (primary house) from a home equity loan to buy a rental?
3 January 2025 | 11 replies
However, if i would take 100k home equity on a rental A (ex. 100k) and use 50k each (same as above) for 2 rentals (B & C).