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9 July 2024 | 2 replies
After having some difficulty finding qualified tenants who could afford the rent, a highly qualified tenant approached me asking to lease one of the houses using an STR arbitrage model.
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12 July 2024 | 155 replies
The usual rules regarding number of loans you can have at one time would apply.One of the difficulties I'm experiencing is with debt to income ratio.
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7 July 2024 | 4 replies
Good afternoon BP!As the title states I am soon to be leaving active duty with the Marine Corps after 8 years and will be moving back the the great state of Wisconsin, Green Bay to be specific. Scenario:I have about 8...
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10 July 2024 | 0 replies
One can imagine this makes it difficult (ie more costly) when adequate guidance is not given.
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8 July 2024 | 14 replies
My difficulty is in finding a title company that will handle this transaction.
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8 July 2024 | 4 replies
You are going to have a lot of trouble finding financing options with a 2nd lien and to 100% make up a purchase price (i.e. 100% debt financed with no equity or down payment "skin in the game") as part of your payment.I'd recommend looking in the "Creative Financing" subforum if you want to explore potential ways of doing this but frankly it is really difficult to find a genuine "shortcut" that wont end badly for not investing any of your money at all.BRRRR Method remains IMO the best for this but you still have to put some of your own capital to use during the process
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6 July 2024 | 1 reply
Hi everyone, excited to get started! Specifically with BRRRRs and building up a solid portfolio of hidden gems. If anyone has any tips or tricks to a first-timer, feel free to leave a reply (especially curious about s...
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9 July 2024 | 21 replies
Maybe because they're handed so many things for free they don't have much skin in the game or something I don't know.
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7 July 2024 | 17 replies
Quote from @Rodney Menendez: @Peter Dukaj yes we are still finding lots for around $19k in Lehigh Acres with no issues for construction still a soft market and utilities are going to run way more than public sewer and water taps. it all ends up being the same. 40-50k for a lot no matter how you skin the cat. plus all the site work required for those lots is more than double what a traditional infill lot requires in miami or columbus for example
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6 July 2024 | 2 replies
And with the housing supply increasing and the difficulty qualifying for a loan at 7% interest rates, people that need to sell may start to lower their cost.