We launched HomWork, in 2018, with the intent of acquiring SRO properties that we can remodel and remarket to digital nomads and remote workers.

The usual max for cash out loans on your primary home is 80% and that would take many years to acquire when putting 1% down.

From there I'd look to refi and use the cash to then acquire STR's or potentially bigger multi-family/apartments.

Purchase price: $120,000 Cash invested: $40,000 Sale price: $215,000 Probate deal.Beautiful 4bd, 4ba acquired from a family looking to sell the home after receiving through an estate.

What would push the needle for you as a broker to confidently move forward with a buyer in the process of acquiring a building?

Seems like the heloc was a great way to acquire many properties.

Also client is not responding to phone calls/emails.In the mean time, what else can I do to remedy the situation?

Maybe acquire some tax deeds, then rent them out

Over the past few years, many groups have raised funds and acquired properties, promising investors impressive passive returns.But here’s the real question: how have these syndications actually performed?

I acquired a 3-flat in Humboldt a couple months ago who had two units not paying (ouch).