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24 January 2025 | 3 replies
You magically get the seller to cover every single closing cost (A $12k gift, or a trick to get you to buy their problem.).
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2 February 2025 | 7 replies
Most sellers are going to want 20-25% down as it’s going to cost them 10% to sell.
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22 January 2025 | 3 replies
@Dhruv Patel I believe you are getting ahead of yourself....Where in the US are you all-in (land acquisition, soft costs, hard construction) on new construction multi-family for $100/ft.
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23 January 2025 | 0 replies
Determine Your BudgetSet a Realistic Budget: Consider the cost of tuition, living expenses, and your financial situation.Mortgage vs.
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6 February 2025 | 3 replies
in 3 years you can pay off any mortgage 500,000 or less for $1,500 bucks.. or in 5 years a $477,000 mortgage for $100..I am implementing something new for the real estate industry, primarily to mortgage holders & the rent to own industry, as a shorter-term approach to be mortgage free, without cost being an obstacle ..
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29 January 2025 | 3 replies
I also suspect inflation will drive continued migration to lower cost of living / lower tax states.
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3 February 2025 | 0 replies
The streamlined approach minimized holding costs and maximized efficiency, proving the power of our strategy in identifying and executing quick-turn deals.
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23 January 2025 | 39 replies
While under contract, we perform due diligence and there will be some soft costs incurred.
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9 February 2025 | 3 replies
Can try to reposition to Class B, but neighborhood may impede these efforts.Vacancy Est: Historically 10%, but 15-20% should be used to also cover tenant nonpayment, eviction costs & damages.Tenant Pool: majority will have FICO scores of 560-620 (approaching 22% probability of default), many blemishes, but should have no evictions in last 2 years.
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4 February 2025 | 3 replies
Which ok, I get it, ACH cost money, BUT, RentRedi does not give the landlord the option to pay that.