Becca Pariser
Help me review this Seller Finance Deal
23 October 2024 | 1 reply
I recognize that the CoC return is not as high as we'd like, but it does come with some built in equity (~$100,000)Details:- 3/2 Single family house (1487 sq ft) with a 1/1 ADU out back- Zipcode 78745- Purchase price: $469,900- Down payment: $50,000 plus CC (includes assignment fee)- Seller Finance $419,900 at 3.5% interest; 30 year amortization with a 15 year balloon- PITI $2744.02- Rental comps: $2667 for the 3/2; $1505 for the 1/1 - LTR according to BP (Total $4172)- Repairs needed - minimal, coat of paint and maybe swapping a window unit A/C for a mini split
Elizabeth Rose
HELP - the appraisal company gave me a super low-ball appraisal
23 October 2024 | 27 replies
She apologized but did not rebate any of the fees which when I require a second visit I get charged (and she did charge me for a second visit because some railings were down at the powder coat on her first visit).
Kyler Cook
Christian Investors - How do you tithe?
24 October 2024 | 27 replies
So Jesus does affirm tithing, and even goes so far as to say if you have two coats you should give the other.
Patrick Goswitz
Purchasing Material For Contractors
24 October 2024 | 139 replies
Well, I'd bid the job, they'd buy the paint, only they'd show up with the cheapest Glidden product on the shelf that I'd have to put 3 coats onto a wall to cover.
Moshe Cohen
How to bypass the 6 months wait to refinance
17 October 2024 | 14 replies
It doesn't need much, just fresh coat of paint..
Stuart Udis
Are Wholesalers Really Your Golden Ticket To Succes??
17 October 2024 | 20 replies
I haven’t heard the story of the investor who rode the coat tails of a wholesaler to the same level of success but networking and building relationships with wholesalers seems to be prioritized over all others industry participants.
Mark Brown
Sale at a $50k loss at purchase price or in repairs? In a -$100k hole
11 October 2024 | 6 replies
If it’s just cosmetic, like a fresh coat of paint or minor fixes, it’s probably worth it.
Mitchell Kosek
What do you wish you knew before buying your first property?
11 October 2024 | 14 replies
You can always add a coat of paint, replace kitchen cabinets, but you can't move a house (well you can, but that's another thread!).
Jonathan Greene
If You Never Want To Hear About Columbus In the Forums Again, Reply Here
20 October 2024 | 147 replies
So many of these agents posting sugar coated fake numbers.
Elizabeth Rose
Where to buy fully furnished properties for STR and MTR?
1 October 2024 | 12 replies
For an unsophisticated investor like White coat Investors who has 250k to park as a downpayment and let it sit without any upside except for appreciation go ahead.