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20 February 2025 | 3 replies
Typically, I avoid using a series LLC in Illinois because each cell requires state registration.
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23 February 2025 | 42 replies
Quote from @Evan Polaski: @Chris Seveney, I hadn't looked at any details on this offering into now.Things to consider from their own marketing:Operating partner has done all of 10 flips.Their entry price point is a price that I would expect any truly experienced flipper to be able to take down very easily on their ownTheir historic IRR, while high by MF standards, is average, at best, from my experience with flips, and it is unknown if this is net to LP returns.I have flipped homes myself, so am not their target investor.
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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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22 February 2025 | 9 replies
Typically they can do it while the client is there closing.
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22 January 2025 | 3 replies
I was wondering if there were any builders who have any good strategies on where to buy land when you're looking for spec homes.
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27 January 2025 | 3 replies
I currently own a 3/2 ranch home with about 100k in equity and have 100k in liquidity.
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27 January 2025 | 7 replies
However, this has back-fired because it takes time to drive out to the home only to get a firm "NO" to your request.
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23 January 2025 | 0 replies
I was wondering if it is worth paying for BP pro membership for the special discount with Home Depot (e.g. flooring, appliances, etc).
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22 January 2025 | 3 replies
Do you get interest on that money that is sitting there in your home?
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23 January 2025 | 2 replies
Quote from @Yash Shah: Hello everyone,I'm new to this group and would love to hear your thoughts on the pros and cons of purchasing a corporate or bank-owned home.