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20 November 2024 | 15 replies
This allows you to make an offer without a HI contingency which is much more competitive than one with the contingency since you are buying the property as is.You can still get the home inspection after you settle to capture all of the detail items.
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20 November 2024 | 9 replies
Right now, DSCR loans are very competitive with what the banks are offering without all the paperwork that comes with conventional financing.
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20 November 2024 | 6 replies
I know that they are pretty big and competitive and also our competitor :) My management company has great reviews and better pricing, which allows you to save PM me if you are interested in discussing it further.
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20 November 2024 | 14 replies
.- 2024 almost much every possible repair imaginable was needed among the units, so the headaches and costs were compounded - now the properties are buttoned up for the most part and we'll probably show a loss for 2024 taxes.- We don't cash flow at all because we were bullish on the BRRRRs and also did some flip rehabs using some of that equity and pocketed it years ago.
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22 November 2024 | 15 replies
Just do the math and see how it pencils out.....you can look at the local competition and get a good idea how much you will make.
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20 November 2024 | 5 replies
When funding is plentiful and flips are rare, the competition will be heavy and experienced flippers with teams will take smaller returns just to keep their guys working, which means inexperienced 1-man crews will be shut out of the market.
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19 November 2024 | 3 replies
1031 exchange sounds good in theory, but you need to do it in an area and at a time where there is inventory to choose from because once you identify the three properties, you have to close on one of them which is very difficult in a competitive environment.
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23 November 2024 | 15 replies
There's a nexus of factors tied to the LLC lending question worth noting.Typically we use a specific type of private business-purpose note that enables LLC lending.Other benefits of this note include: No Income Verification, No Credit Reporting, LLC Liability and Privacy protection, Unlimited Number of Loans, Far Less Documentation,... many obvious and non-obvious reasons savvy investors run this route.These notes are also competitive with FHA/VA/Conventional interest rates; however a 15-20% minimum down payment is required.Happy to help you cover the bases.
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18 November 2024 | 1 reply
I own two properties and looking to new deals.As everyone knows, the current market on MLS is very competitive and then I am looking to a property through foreclosure.comhttps://www.foreclosure.com/I don't know who to contact because the agent contact information is not listed on the websiteIf someone knows how to contact the property and start showing, please share with me how to make showing appointment.Leo
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18 November 2024 | 11 replies
The market has definitely gotten more competitive, and it’s common to see BRRRR deals over $250K, especially given the high demand/appreciation in the area.