
3 March 2025 | 14 replies
The maximum is the bank's decision (80% of the ARV), but the amount you apply for is your decision.I see that makes sense.Now you touched on a question that I am wondering about.How does an investor know how much money to pull out of a refinance to invest in their next property.Do you suggest I already have a 2nd property lined up and know the exact amount I need to purchase the 2nd property including the rehab bid so I have an idea of how much money I need for my next project?

26 February 2025 | 7 replies
I'd make sure just how much extra tax benefit will open up for you annually compared to the cost of the study.You are exactly right - a cost seg will get deferred in a 1031 exchange as long as the property you are purchasing is roughly the same components of things that were cost segregated.

2 February 2025 | 3 replies
Do this quickly because some counties have a time limit on when you can appeal.I recommend you research the market for:- Comparable Property Sales- Condition of your property, including anything that may affect your property's value- If you are really serious, an expert appraisal may be worth the effort.

20 February 2025 | 51 replies
So we never bought anything that was more than 75% of ARV current condition.

1 February 2025 | 0 replies
The property was in horrible condition, pet odor, lots of deferred maintenance etc.

2 February 2025 | 0 replies
Given that the property was worth $390K in its current condition, I saw an opportunity to make the numbers work while keeping my upfront costs low.Instead of increasing my cash offer, I negotiated a $25K down payment with the seller carrying the balance for two years through owner financing.

14 February 2025 | 8 replies
Once you know exactly what you are looking for it becomes easier to figure out the best way to achieve your goals.Just my three cents worth

3 February 2025 | 2 replies
Their cost structures are significantly different from what new investors face today.Maybe I haven't yet reached the section that addresses different market conditions and interest rate environments, but I’d love to hear insights from those with more experience.

11 February 2025 | 20 replies
There is a time and place for DSCR loans, depending on exactly what you are looking at.

27 February 2025 | 40 replies
From my observations, a degree may not equate exactly to a career in real estate.