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31 January 2025 | 8 replies
"The man who represents himself has a fool for a client" was said about attorneys, but it could be said about a new investor representing himself in a sales transaction.
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7 January 2025 | 8 replies
Then connect with some hard money lenders (you can find some here on BP as well as some who are typing this right now) and connect with them to understand their product type, what they like to lend on and requirements.Hard money broker is all numbers game of making relationships and helping those that are looking for financing, it starts out slow but if you get with a few good borrowers and lenders it can be pretty decent money to be made.As an example we paid six figures last year to HM brokers.
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22 January 2025 | 0 replies
Purchase price: $125,000 Cash invested: $75,000 Sale price: $248,000 Decent fix and flip completed in 2024.
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10 February 2025 | 13 replies
The day after you close, it will appraise for the sales price.
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19 January 2025 | 11 replies
That’s less about the numbers and more about developing a niche and understanding your product.
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20 January 2025 | 1 reply
I have the credit, experience and the knowledge on how to underwrite the deal to show their ROI in this arrangement vs a traditional sale.
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22 January 2025 | 0 replies
Duplexes for sale starting at $585,000 with a 3.75% interest rate.
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22 January 2025 | 1 reply
Purchase price: $341,000 Cash invested: $136,000 Sale price: $519,000 A house that I bought, renovated, and sold.
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26 January 2025 | 2 replies
I did not mention, but this is a probate sale, and the seller is the executor of the estate.
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17 January 2025 | 4 replies
How many Due on Sale clauses have you actually seen enforced?