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14 November 2024 | 1 reply
I'm under LOI to acquire my first LIHTC property (107 units in semi-rural south Chicago suburb) and am moving fast and furious to get up to speed on all things LIHTC.
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12 November 2024 | 2 replies
Were you looking to acquire more homes for that specific property?
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15 November 2024 | 5 replies
Also pay attention to who the people are that seem to be acquiring lots of deals.
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13 November 2024 | 7 replies
Recently acquired a fantastic property in a great neighborhood as a "fix-n-flip" however due the properties age and value I've not been able to find anyone to insure the vacant property while my crew does the restoration work.
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13 November 2024 | 0 replies
We acquired the property for $50,000, and with targeted strategies, achieved a $160,000 sale.
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14 November 2024 | 6 replies
We just acquired a duplex that (at closing) was supposed to need about $4K in mold remediation.
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14 November 2024 | 10 replies
Investing in a fix & flip or BRRRR strategy: I have about $75,000 in my bank account that I could use to acquire and renovate another property, which could help me build more capital.Which option would you recommend for maximizing my investment potential?
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12 November 2024 | 10 replies
You can put a little as 5% down payment for conventional or 3.5% for FHA.Alternative way, is to acquire the 2nd property as an investment property with conventional, while putting 15%-25% down payment.
13 November 2024 | 2 replies
I’d appreciate your insights on a complex insurance setup for my recent property purchase.My Setup:• Property purchased in FL under a Trust• Trust is owned by an LLC in FL• Holding company LLC in WY owns the FL LLCSituation:I acquired the property through a subject-to (sub-to) deal, taking over the seller’s mortgage, and I’m arranging insurance coverage.My attorney suggests I:1.
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15 November 2024 | 9 replies
I can't make the former strategy work even if I were to acquire the land well and that goes back to construction costs.