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4 February 2025 | 1 reply
Purchase price: $240,000 Cash invested: $39,000 Sale price: $342,000 Held property for 3 years and rented out the property for 2 years with a rental profit total of $22100 How did you finance this deal?
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14 January 2025 | 19 replies
After communicating with a prospective resident (Google Voice #, usually by text), with just a name, telephone number and email, the applicant can pay $55 to provide us with a background, eviction and credit check.
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24 January 2025 | 12 replies
Hello I found a property that needs 100k in repairs and was wondering if I could get a loan for an uninhabitable house or should I do sellers financing and finance the repairs?
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28 January 2025 | 14 replies
Weeks before closing Blue Metrix Group reached out and said they were struggling with the financing for the second park and they asked would we owner finance.
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9 February 2025 | 9 replies
Took about half a year to learn how to walk, talk and even eat again, but bounced back to my love for real estate investing and the two things that transitioned me from just wholesaling to actually buying deals as an investor was creative finance and private money.Bought my first rental property in Easley, S.C. owner finance and one of my best rentals I still own today was bought subject-to!
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30 January 2025 | 0 replies
After seeing the power of financing and understanding how loans can help make real estate deals like this happen, I knew I wanted to be a part of it professionally.
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28 January 2025 | 11 replies
Even if you take the $250,000 the realtor mentioned it would sell for as your basis that would mean you're looking at an $80k gain: 380,000 - (250,000 + 50,000 improvements) = 80,000Since you want to buy a nicer home for your mom, a 1031 exchange may not be applicable if the new property is intended for personal use, as 1031 exchanges are for investment or business properties only.
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8 February 2025 | 5 replies
Since the rent roll was too low, she had to secure financing through a private lender that based the loan on market rent rather than the current rent.
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7 February 2025 | 1 reply
How did you finance this deal?