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25 February 2025 | 0 replies
The current plan is for the house to be left to their children (my cousins) and as far as I understand it they just plan to sell and split the cash.
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10 February 2025 | 7 replies
I have enough liquid money for the down payment for the hard money lender, but that'll leave me with zero cash for closing costs, realtor fees, etc.
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22 February 2025 | 4 replies
Sellers generally want cash before bank financing before seller financing.
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24 February 2025 | 0 replies
Purchase price: $550,000 Cash invested: $145,000 Sale price: $915,000 This was a home run for a long term (5 years) buy & hold investment property (I specialize in this area). - Initial investment of $145K (DP+closing)- It had one tenant for 5 years and 3 months (no turnover), and the tenant paid off the mortgage and expenses in those 5 years.- I spent around $30K to do upgrades before selling.- Sold it for $915K after 5.5 years (received $442K at the closing)- Did 1031 exchange and bought 8 SFH in NE & AL worth of 1.6M (brings $4k/months income now) What made you interested in investing in this type of deal?
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10 February 2025 | 0 replies
Purchase price: $232,500 Cash invested: $45,000 Newly renovated SFR in Shore Acres, St.
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24 February 2025 | 0 replies
Would it be possible to take my $100,000 liquid cash and their equity and go to a lender and get some sort of funding for the rehab?
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19 February 2025 | 4 replies
Marketing to Investors – Instead of listing traditionally, he targeted investor networks who specifically look for occupied rentals with cash flow.
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14 February 2025 | 1 reply
Purchase price: $160,000 Cash invested: $45,000 My parents my wife and I own the property next to this one.
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21 February 2025 | 15 replies
On top of that, the rent-to-price ratios in Detroit often outperform other markets, which can mean solid cash flow alongside appreciation potential as the city continues to grow.The key with Detroit is understanding the nuances of the market—it has a large footprint, and neighborhoods can vary drastically, even block by block.
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10 February 2025 | 16 replies
Seems more important that $14-$28k in cash flow.