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16 February 2025 | 28 replies
Should I reach out to local agents, wholesaler like New Western?
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4 February 2025 | 1 reply
Also does your locality allow you to work on investment properties?
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30 January 2025 | 13 replies
Wrapping 3 properties into one blanket loan shouldn't be a problem, save these are sitting on any sizeable acreage.You might get lucky and find a unicorn local bank or credit union that would consider that kind of leverage, but I would say overall, those terms are very unrealistic.Cheers!
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16 February 2025 | 14 replies
Most local banks and credit unions will have free accounts.You need two accounts: checking and savings.
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29 January 2025 | 3 replies
Unfortunately, I’ve run into a major issue: I received a Stop Work Notice on my property in Covington, GA, because I didn’t have the proper permits for the renovations.I want to resolve this as quickly and smoothly as possible without jeopardizing the project.Can anyone offer advice or share their experience with:1.How to address the Stop Work Notice with the local authorities?
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3 February 2025 | 0 replies
Conversation in local Bar, say I would pay all CASH How did you finance this deal?
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2 February 2025 | 14 replies
Try to get preapproved from a local loan broker or Co-op.
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18 February 2025 | 12 replies
Connecting with local investors or agents experienced in VA loan-friendly multifamily properties can also help.Good luck!
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2 February 2025 | 2 replies
If they’re underfunded, you could get hit with special assessments.Since you want to stay local and focus on cash flow, commercial makes sense, but have you considered industrial or flex space?
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15 February 2025 | 6 replies
But I would rather rent it out so it could be our first/foundational rental property and we can continue to grow our portfolio.We've been looking to rent for a while now but with the local rent pricing it is just as expensive/affordable to purchase your own condo than to rent.