
29 May 2024 | 7 replies
Here are the details:Assumable loan balance: $750k at 2.75%List price: $950kDownpayment needed: $200k to cover the differenceMy initial plan to make this deal work included a few options:Getting a loan for the $200k difference.Bringing in a partner.Asking for seller financing.However, when I discussed these options with my agent, I hit a few roadblocks:Second Mortgage: My agent said no bank would provide a second position loan for the $200k.Seller Financing: He mentioned that 99% of sellers would reject this, though we're asking anyway.Agent's Advice: He suggested I just get a conventional loan and put 5% down for the full $950k, but I feel this defeats the purpose of leveraging the assumable loan.Given these challenges, I’m trying to figure out the best way to raise the $200k.

29 May 2024 | 2 replies
I believe that list of tasks for Colorado includes:-Setting rent-Negotiating lease terms-EvictionsAnything else?

29 May 2024 | 18 replies
Definitely thank you for that tip.I completed the form to connect with a Bigger Pocket investor-friendly realtor and multis was the classification I listed on my options.When you state "start looking at home" do you mean online or in-person?

29 May 2024 | 15 replies
It offers online rent collection, expense tracking, tenant screening, and more.Zillow Rental Manager: Another free option where you can collect rent, screen tenants, and even list your property.Background Checks and Lease Agreements:Avail.co: This platform not only allows you to collect rent but also provides comprehensive tenant screening, including credit, criminal, and eviction checks.

28 May 2024 | 3 replies
Smaller office or shop buildings might bring in more money but need you to know more about running them.

28 May 2024 | 12 replies
(Interview them like anyone else and price shop).

30 May 2024 | 9 replies
I would capitalize the plumbing and bathroom remodel and expense as tenant turnover the kitchen cabinets, any appliances other than an HVAC system, and the tile/other flooring you listed.

29 May 2024 | 0 replies
I told him I could list his home or if he preferref I could buy it cash and close quickly for wholesale pirce.

30 May 2024 | 10 replies
Tampa was on a list last month of the Best Place to Live.

29 May 2024 | 5 replies
It's a higher priced rent but very desired location, updated, and compares favorably to others listed in the area --- and still priced competitively.