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21 January 2025 | 59 replies
Both strategies—flipping and long-term holds—can lead to financial freedom, but the key is to be realistic, patient, and adaptable.
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8 January 2025 | 5 replies
This being said, I don't believe we'll be able to meet the income requirements to qualify for a conventional.This leads me to believe hard money or private lender is more the only option to get my foot in the door, use my business to make repairs at very good rates, build some equity then refi once the balloon is due.
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8 January 2025 | 6 replies
You are rushing and that can lead to a first property mistake.
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7 January 2025 | 6 replies
Any thoughts or investor leads are greatly appreciated!
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6 January 2025 | 3 replies
And definitely follow @Nathan Gesner's lead on that advice!
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6 January 2025 | 0 replies
By providing the necessary funding and covering renovation expenses, we ensured the project stayed on track and within budget, leading to a profitable outcome.
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12 January 2025 | 8 replies
Also, watch out for any litigation or construction issues that could lead to HOA fee increases down the road.Alternatively, you could consider a good deal on a single-family home or a 2-4 unit property.
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8 January 2025 | 14 replies
I've noticed that going to brokers usually leads to the same wholesalers so it's not as useful.
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7 January 2025 | 3 replies
The biggest issue is that forgetting to assign a location or choosing the wrong one can mess up your balance sheet, leading to inaccuracies.
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5 January 2025 | 4 replies
This also leads owners to ASSUME simpler is better when it comes to management contracts.