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5 December 2024 | 11 replies
I'd say forget the AI buzzword hype and go back to programming something useful based on real transaction-level data like below (that can help you with any deal you find, from whatever source you have).Sales Comps & ARV estimate:Market Stats:AI won't be able to provide you anything close to this, nor does the RedFin/Zillow market data drill down into the market as deep as I do here.Additionally, if you understand how the leading LLM's work based on a black-box floating point matrix, you just can't trust their conclusions like you can with your own program.
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9 December 2024 | 38 replies
Next is use credit as a transactional tool.
2 December 2024 | 6 replies
One thing to watch out for is the financing aspect of it - could be a hurdle getting a loan if the transaction is "non-arms length" - i.e. between "Friends" - might be worth looking at seller financing too
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30 November 2024 | 3 replies
Thanks Canopy Title is great with assignments and wholesale transactions!
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30 November 2024 | 6 replies
@Sean MacDonaldI think you summed it up in your observation of your clients, it's very typical here in the valley that the number of transactions will decline right before an election and then those buyers just like your clients will get back in and the number of transactions will pick back up in the months following the election.
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26 November 2024 | 17 replies
As the great philosopher once said, "mo' money, mo' problems".I think the reduced leverage plan is a good choice to free up some DTI but obviously the extra fees on DSCR could start to add up a little.
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1 December 2024 | 5 replies
Depending on how you reach out, using another operator's list can feel transactional to the contact.
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14 December 2024 | 101 replies
I'm sure Elite has complex T&Cs to protect themselves, but it costs you nothing to dispute the transaction.
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30 November 2024 | 10 replies
They aren't too concerned with the type of transaction (traditional homebuyer/seller or investment).
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30 November 2024 | 5 replies
The occupants agreed but unfortunately on the date the transaction was supposed to happen, the occupants went ghost on me.