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24 February 2025 | 4 replies
He was telling me the subject was not worth it (not good for me) I told him I had 13 offers at or above asking price within 3 days on market.
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14 February 2025 | 3 replies
My first piece of advice would be to focus on understanding the market you’re interested in.
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23 February 2025 | 13 replies
Not the best time of year and we're in an emerging market area about an hour outside of Charlotte, NC.30Y DSCR c/o Refi's have already been done on every eligible property after rehab / 3 months seasoning.As more of our properties come up on 1+ yr of ownership, despite losing likely future appreciation of 25-30%+ annually and paying a 5% PPP, I are open to selling some houses off to start paying off much of the high interest debt accumulated outside of mortgages.
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14 February 2025 | 11 replies
It wouldn’t work in a red hot market like we had a few years ago where everything was selling super fast, but in todays market there isn’t as much urgency to see properties and get offers in immediately.
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10 February 2025 | 4 replies
It sounds like you have a solid, strategic approach, especially with a focus on value-add properties in appreciating markets.
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11 February 2025 | 6 replies
What is the average spread in the market(s) you are in for flips?
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21 February 2025 | 6 replies
Hi @Adriano Triana, nice to meet on the BP platform.It depends very much on your knowledge of the market.
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22 February 2025 | 5 replies
If rates drop, more buyers will come to the market and you can refinance to lower your monthly payment.
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14 February 2025 | 19 replies
we can do it not rented but rate will be significantly higher. easier and more cost effective to rent it. unless the bridge money needs to be paid back asap or you need the funds back to buy more, then a cost analysis needs to be done. personally id get it rented at market rent or a touch below if time is a factor.
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11 February 2025 | 5 replies
@Sean Spagnola - I always like to have photos of recent comps in my back pocket to help with the design of a BRRRR to ensure that the finishes are similar/same to the market.