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14 January 2025 | 11 replies
Quote from @Daron Williams: I just invested in a tax deed here in texas it was a beautiful lot right on lake sam rayburn. i have it on the market for sale the only problem is you have to have two lots to build on.. i found the person that owns the lot to the right of me and there willing to possibly sale there lot the only problem is i dont have the money or the credit to purchase it.
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6 January 2025 | 7 replies
DSCR Loans - Both Purchase and Cash Out Loans- Investors typically use these on the cash out portion of the BRRRR Strategy - Minimum Downpayment, usually 20% but some lenders offer 15% down - Max LTV on Refinances, typically 75%, but some lenders will do 80% - Minimum Title seasoning (since the property was purchased and recorded on county records) is 90 days, although some lenders have no seasoning at all as long as you can show rehab work completed. - 30 year fixed terms - Usually have a Prepayment Penalty from 1-5 years, although you can price out a 0 PPP for a higher rate or fee- Minimum Credit score is 650 usually, although you could do a lower LTV loan at 620.
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21 January 2025 | 2 replies
After being in the corporate sales world for about 10 years, I realized that I do not want to return.
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17 January 2025 | 28 replies
Yes, it's true that you might be able to find a product you need at a greater discount when a brand like Wayfair or CB2 is having a sale, but I've found that they truly do offer superior discounts at scale, even considering the fee.
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29 January 2025 | 7 replies
And when that someone else says the house, they will pay capital gains and depreciation recapture on the sale.
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28 January 2025 | 6 replies
You really have to learn the neighborhoods or work with a sales agent who does.
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21 January 2025 | 1 reply
Hello Jorge,In my 25+ years as a real estate broker specializing in multi-family sales, I've only had to challenge an appraisal once.
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14 January 2025 | 1 reply
Currently own three properties but looking to make my first sale.
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15 January 2025 | 8 replies
@Deepak Malhotra based on your sales price, I assume this was also sold many years ago.
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20 January 2025 | 2 replies
Has info from a variety of professionals with no sales pitch.