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25 January 2025 | 8 replies
The only reason to look into franchises that flip houses or do renovations pre-sale is because you have existing business that you could leverage on top of this to add more clientele.
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7 February 2025 | 2 replies
Retail sales so far are +.7% MoM and +3.8% YoY.
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21 January 2025 | 35 replies
Based on the excessive amount of hours spent and the lack of prior authorization as agreed upon and taking into account our prior communications regarding minimum acceptable owner distributions, I must insist at least the labor portion of the repairs be refunded.
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13 January 2025 | 4 replies
Purchase price: $55,000 Cash invested: $25,000 Sale price: $119,000 Bought at around $50kFixed up at around $20kSold at $120k What made you interested in investing in this type of deal?
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19 January 2025 | 3 replies
There is no seasoning requirement involved since the property isn't a short sale and it isn't someone buying REO from a bank with a seasoning requirement.
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21 January 2025 | 5 replies
Not as many hotels in the area except next to some ski resorts but during covid it got crazy. we bought one for $25k at a foreclosure sale in 2015 and could not give it away in 2019 for $50k then in 2021 we sold it for over $120k.
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20 January 2025 | 1 reply
If you are in DFW area, do you recommend any meetups that aren't sales/marketing groups disguised as a RE meetup?
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6 January 2025 | 7 replies
DSCR Loans - Both Purchase and Cash Out Loans- Investors typically use these on the cash out portion of the BRRRR Strategy - Minimum Downpayment, usually 20% but some lenders offer 15% down - Max LTV on Refinances, typically 75%, but some lenders will do 80% - Minimum Title seasoning (since the property was purchased and recorded on county records) is 90 days, although some lenders have no seasoning at all as long as you can show rehab work completed. - 30 year fixed terms - Usually have a Prepayment Penalty from 1-5 years, although you can price out a 0 PPP for a higher rate or fee- Minimum Credit score is 650 usually, although you could do a lower LTV loan at 620.
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15 January 2025 | 3 replies
As long as you purchase at least as much as your net sale.
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22 January 2025 | 13 replies
I have a property listed for sale in Goodyear, AZ and it carries a 2.25% interest rate.