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1 February 2025 | 9 replies
We've never used percentage-based criteria, like the 70% Rule, for purchases.
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31 January 2025 | 0 replies
Purchase price: $65,000 Hybrid Fix & Flip, bought, made minor repairs and clean out.
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24 January 2025 | 3 replies
Ultimately though, it will depend on the lender and the availability of funds (assistance) available for the demographic area that you are purchasing in.Do you have a property that you are looking at?
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28 January 2025 | 0 replies
Has anyone purchased from the Peak Group and used them for property management?
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24 January 2025 | 0 replies
The BRRRR strategy is a systematic approach to real estate investing that revolves around five key steps:Buy: Purchase a property, often below market value, that has potential for appreciation and improvement.Rehab: Renovate the property to increase its value, make it livable, and improve its rental potential.Rent: Find reliable tenants who will pay rent, allowing you to generate consistent cash flow.Refinance: After the property is rehabbed and rented, refinance it to pull out the equity you’ve built through the renovation.Repeat: Use the cash obtained from refinancing to fund your next investment property, starting the cycle again.Step-by-Step Breakdown of the BRRRR MethodLet’s take a closer look at each stage of the BRRRR strategy to see how it works in practice.1.
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1 February 2025 | 19 replies
For my clients, I like Easy Streets bridge purchase and STR DSCR programs.
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3 February 2025 | 3 replies
Purchase price: $137,000 Cash invested: $90,000 Sale price: $285,000 This was a single family home in Bates Hendricks.
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31 January 2025 | 2 replies
That was an excellent non-answer to my question, Skyler. hihi :)No they are not all the same. some are only interested in dealing with conventional purchases other are as you say better at handling assignments or double closes, some are commercial specialty, etc....A investor friendly one would be, at least from my point of view, one that understands there may need to be some last minute wheeling, dealing, and adjustment made to close a deal, understand what needs to be done and do not freak out about creative deals.Maybe my understanding or thoughts are wrong but that's what I meant by investor friendlyregards :)
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5 February 2025 | 9 replies
Other insights to be gleaned from the stats: Cash purchases dominate more than ever, representing over 62% of purchases.
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29 January 2025 | 7 replies
The latest red flag is his belief he purchased a "fully renovated" property in Philadelphia for $115K.