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6 January 2025 | 2 replies
Starting with a smaller property or a few fix-and-flip projects can help you build equity, gain credibility with lenders, and better understand the process before scaling up.Securing funding for larger projects can be challenging without prior experience, but options like hard money loans might be worth exploring.
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2 February 2025 | 7 replies
This is where the substitution clause comes in, as I understand it.
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2 February 2025 | 2 replies
A couple tips--Always best to house hack small multis when you are moving around from base to base.
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6 February 2025 | 30 replies
From what I have researched they seem legitimate but the person I am working with is flakey, takes forever to answer questions so I thought I would see if anyone else had experience with this lender.
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12 January 2025 | 1 reply
Any advice on securing financing for potential buyers would be greatly appreciated.Personal Experiences: If you’ve owned, sold, or rented out a geodome, I’d love to hear about your challenges, successes, and any tips you might have for marketing or managing this type of property.Thanks in advance for your insights!
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21 January 2025 | 3 replies
After seeing my brother's success with flix and flip in the bay area over the last 4 years, I decided to explore the same in New York.
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19 January 2025 | 9 replies
The executor of the estate also should have had some basis for that as well.Fair market value when your relative passe as @Jake Baker and @Cory Carlson said.
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10 January 2025 | 3 replies
Here’s some context: Property 1: >$100k in EquityValue: $325kDebt: $220k @ 2.88% (30-year fixed)Property 2: >$70k in EquityValue: $325kDebt: $252k @ 3.38% (30-year fixed)Extra considerations: - I have $15-20k liquid to use for any of these deals- My current job is relatively stable, but not high-payin- Current properties in TX, living in NY, looking to invest in Mid-West (crazy, I know)- No other debt obligations besides the two mortgagesUltimate goal/timeline: Though a bit ambitious, I’d love to build up the portfolio to 10-20 units in the next two yearsI understand that any/all replies aren't financial advice; all ideas welcome for information purposes.
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28 January 2025 | 1 reply
thank you for forwarding this article..
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25 January 2025 | 4 replies
@Kwanza Price tips for managing contractors:1.