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29 January 2025 | 6 replies
These were investments, the value of the assest are there, its the liquid that ran short and had to resort to credit cards to fix up the propertyYou spent $50k from savings, borrowed $50k from a 401k, and are paying it back over five years at around 7.5% interest, then borrowed another $40k from credit cards and are paying that back at around 8% interest, maybe more.
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20 January 2025 | 31 replies
My accountant was lazy, not well informed and provided bad advice.
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29 January 2025 | 22 replies
Have you explored any potential house hack opportunities in NY, or is the price threshold too high to tackle, and thus, you are considering Columbus?
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27 January 2025 | 35 replies
My realtor recommended SDIRA Wealth, a company known for its high-volume new builds every year.
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2 February 2025 | 9 replies
I feel as though my home is priced too high, however, my property manager insists the price is competitive.
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15 January 2025 | 144 replies
I won’t abandon the strategy yet, but I’m not convinced the coaching will provide value as Tardus is not selecting the investments for me and I’m still spending all my time with due diligence.
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29 January 2025 | 28 replies
The tried and true version is pulling a list of properties whether you're targeting distressed homes or high equity homes in which case you can pull on something like Propstream or Propwire, you can skip trace through them or someone like Prime Tracers which has a pay as you go system.
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14 January 2025 | 4 replies
You are casting a very wide net without providing what your prioritized criteria might be.
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24 January 2025 | 3 replies
We've sold 65+ homes and the biggest request we get from our Buyers is help with closing costs.Most of our deals we're providing anywhere between $5K-$10K to help Buyers offset the cash requirement to purchase a home.Even in today’s "high" interest rate environment, many Buyers prioritize closing cost assistance over an interest rate buydown.
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21 January 2025 | 15 replies
Many of these lenders allowing 2nds behind them are more expensive capital (10's - 13's in our current market [high rates - but now showing signs of coming down]).