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23 August 2024 | 4 replies
While the support sounds nice, I can buy quite a bit of consultation and legal help for $60K, and that doesn't even figure the royalty.Nothing against the franchises, I spoke with PMI and was impressed with their business model, I just don't like the idea of paying fees to be restricted operationally.
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27 August 2024 | 43 replies
At 100% financing, these so called lenders can buy themselves.
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25 August 2024 | 10 replies
If the seller is offering zero compensation, that property could be out of budget from inception or drastically reduce the seller's potential buying pool as initially it might appear out of the buyer's budget or feasibility if required to compensate their side directly.
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23 August 2024 | 22 replies
That is for people trained to buy property the correct way, but most people aren't trained so they resort to the aforementioned options.
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22 August 2024 | 4 replies
Personally I wouldn't buy any property occupied, I'm interested in the asset itself and will decide how I operate said asset.
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24 August 2024 | 9 replies
All were buy & holds, all cash flowed well, all have at least doubled in value.
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23 August 2024 | 4 replies
I would recommend finding the top lenders in the area where you're buying and gaining a good understanding of their terms.
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23 August 2024 | 8 replies
Additionally you are released from any restrictions for occupancy after one year.So example I buy a property near the smokey in tennesses right I go up in that area every year for one week I would still have the keep the property still vacant for six months or can I have it up on the OTAS till the week I go ?
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23 August 2024 | 17 replies
Lastly - sis is trying to buy the building from usoriginaly (day one after auction) we thought it would be a good idea)now after we have seen the property and know what a good deal it is - we prefer to keep it instead of the quick flipIt is hard to get our hands on a well priced multifamily and we thought this would be a good intro for us into the buy and hold.We could sell to her for a quick few bucks - but I want to learn the process.
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23 August 2024 | 4 replies
My friend Carrie, Victor, Daryl, my sister, ex-brother in law and my father in law have all lent us money to buy and rehab properties.