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1 August 2024 | 2 replies
I want to make sure this buyer puts down some earnest money to have some skin in the game an not back out and leave the deal in jeopardy.
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31 July 2024 | 0 replies
I talked to a GC and ADU in general are fairly expensive to deploy these day even for a flat surface in the backyard.
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1 August 2024 | 30 replies
This is what unsophisticated investors think who have a surface level of understanding of these deals.
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30 July 2024 | 2 replies
Here are the criteria that would determine it is a "log cabin style" v a true log cabin:- Foundation Walls = Concrete Block- Roof Surface = Metal or Shingles- Heating = FWA- Interior Walls = Drywall or Plaster
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30 July 2024 | 2 replies
.🔍 Understanding Cap Rate:- On the surface, the cap rate is one of the best ways to determine whether a deal is worth pursuing.
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29 July 2024 | 7 replies
Linoleum counters versus solid surface...Secondly, have you thought about your resale value?
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30 July 2024 | 2 replies
I would just say the biggest red flag here is "anything sounding too good to be true" - whether thats a hard money interest rate well below market, or 100% "no skin in the game" financing, etc. - those are the biggest red flags here IMO
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30 July 2024 | 4 replies
I have partner 50/50 with new flippers, but they put half the money into acquiring the house and repairs, and I pay the other half but I use my crew to do the flip. the other person needs to have skin in the property otherwise, I just pay them a wholesaling fee.I recommend starting by using a hard money lender, as they will take risks when someone is new, and they won't lend you the money unless they feel confident the deal is good. so you are confident you can be successful.you may pay some hight interest rates, and points, but at least you know you may make money at the end
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27 July 2024 | 1 reply
I’m looking to start BRRRRing once I develop my portfolio and get some skin in the game.
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28 July 2024 | 7 replies
I'm looking to get some skin in the game.