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2 February 2025 | 2 replies
Quote from @William Dorrough: I currently either purchase and value add large scale multifamily properties or develop, and build ground up my issue with scaling is we have done this without brining in investors i have a great deal flow with a good track record im really looking to do more i have the capacity but have the need for more capital in one way or another Scaling without investors can be tough, especially in multifamily.
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19 February 2025 | 3 replies
I would recommend sitting down with an attorney so they can outline what the process will be like and their rent for closing the selling and what documents they'll need from you (if any because they can draft them).if you decide to sell to a residential buyer, make sure you're confirming that they are able to finance it or that they have cash to purchase it.
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1 February 2025 | 1 reply
I'm thinking about buying a property in NC.
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4 February 2025 | 6 replies
Focus on absentee owners and start with the ones who live the farthest away and only own one property in the area since they have the least use for the property.You can also drive for dollars, looking for anomalies of disrepair and then look them up in the tax records and use a site like Spokeo to do cheap skip tracing.
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10 February 2025 | 5 replies
At appraisal it was worth $500K and it is in a neighborhood where homes that are on a third the size of the lot are going for $800K.What's the best way to get a loan, about $150K, to rehab his house and get it ready to sell. as mentioned, I recommend getting a loan to rehab the property.
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11 February 2025 | 2 replies
Brand new construction - seller is asking for a premium that isnt attractive to prospective buyers acquiring commercial financing.
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11 February 2025 | 29 replies
Last property I bought had 8-9 offers.New York has a lot of downpayment assistance grants and loans.
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29 January 2025 | 14 replies
I've not yet invested in my first property, but I plan to purchase my first one by the end of 2023.
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8 February 2025 | 49 replies
(We switched to commercial financing when we ran out of loan slots with Fannie Mae.)
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17 February 2025 | 4 replies
Befriended the neighbor How did you finance this deal?