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4 February 2025 | 1 reply
I personally like the town of Oakhurst and the restrictions are less rigorous than Mariposa. 2.)
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4 February 2025 | 1 reply
Creative Freedom: You get to design and transform spaces, which can be personally fulfilling.The Bad: Where Flippers Lose Money⚠️ Underestimating Repair Costs: Surprise structural issues, contractor delays, and material price spikes can kill your budget.⚠️ Market Changes: A hot market today might cool down before you sell, which reduces the profit.⚠️ Financing Challenges: Hard money loans carry high interest rates that nibble into the bottom line.Unrealistic timelines: If you think you're going to be in and out in 60 days, you're sadly mistaken-most flips take longer than expected.Real Talk: Is Fix and Flip Still Worth It?
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29 January 2025 | 0 replies
I had the initial call with a PadSplit sales person, but I wanted to talk to somebody who's actually doing it to get their perspective and advice.
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15 January 2025 | 34 replies
One person wants to buy borrower money.
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24 January 2025 | 13 replies
I’m the last person who should complain about grammar, but these are yellow flags, at best.
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8 January 2025 | 11 replies
(Assuming quality of service doesn’t decrease.)No matter how you look at it, that is a ton of money.
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6 February 2025 | 6 replies
Quote from @Jaycee Greene: Hey Jaycee, we currently lend on several loan types: Fix & Flip up to 90% LTP, BRRRR, New Construction, Bridge Loans, & Multi-Family.For myself personally, I'm looking in the Orlando, Philadelphia, and Southern NJ markets, 1-4 units.
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1 February 2025 | 15 replies
The absence of a personal guarantee from any disqualified persons is still required, just as with third-party financing.
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21 January 2025 | 4 replies
If you close with a conventional loan, it will need to be in your personal name.
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28 January 2025 | 9 replies
Quote from @Havital Miltz: I do not know that if someone is in the hospital you can force them to close, I am not an attorney, but I doubt any court will find in your favor, closings do not always happen exactly on the day that is planned, even if everyone is healthy and well, the wholesaler here is not the reason for the delay so I am not sure what exactly you can sue him/her for, they are also being held up due to the seller not being wellJust give the person some time to get out of the hospital, closing will probably not happen the very next day either, this is really extenuating circumstance.