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17 January 2025 | 3 replies
I haven't closed any deals in Walton, but Gwinnett and Rockdale are fine.
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17 January 2025 | 7 replies
A month post closing, the son of the buyer (mother) has written a "legal" request to have us buy him a new refrigerator.
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26 January 2025 | 5 replies
Comp 1-2bd with 1-2bds and not 3-5bdsStep 2: columns in Excel - total sq ft, abv grade sf, below grade sf, % abv grade, % below grade, sold priceStep 3: average in Excel - avg ppsf above grade, avg ppsf below grade, avg ppsf totalStep 4: below grade finished 50-60% of above grade ppsf, below grade unfinished 25-30% of above grade ppsfThis will get you close.
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22 January 2025 | 22 replies
These are all STR communities that have similar amenities, close to Disney and have various sized homes that do well in the STR space.
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22 January 2025 | 4 replies
Some went through the process of signing the NDA, providing proof of funds, and having multiple conversations, only to end up ghosting me.I think what a lot of this comes down to is that many people start looking for a business before they’ve figured out for themselves what it is they really want, and what they can actually execute on.Here are a couple of the common misconceptions I encountered from buyers:🚫 You can close on multiple acquisitions within a year.Sure, it can be done.
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15 January 2025 | 27 replies
While I have not done a deal with them, their agreement requires a close timing that simply will not work with conventional lenders (usually 7 days or so).
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7 February 2025 | 31 replies
But coming close to break even, especially when using Interest only debt(HELOC), I'd say probably not a good idea.
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1 February 2025 | 14 replies
Initial beneficiary is the seller and the this can transfer to buyer at closing.
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30 January 2025 | 6 replies
I would get a bridge loan to acquire the property if it needs to be rehabbed and/or closed quickly.
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3 February 2025 | 47 replies
I'm looking in miami florida for sites where we could get the numbers to work and we are getting close maybe in homestead. with that you could continue to pull cash out after it was built. in our market we need about .1 acres and we get land under 60k that the investors buy. the build cost is about 75% of appraised value or a little less. the investor refinances out on a DSCR loan and continues on. this strategy is ground up and it takes advantage of the buyers market for land in our market.