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13 April 2024 | 12 replies
The loan amount is sufficient for me, as I am not looking to borrow more than necessary anyway at current rates (7.35% seems to be cutting edge right now).
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11 April 2024 | 1 reply
It seems like the partnership is not based off of a split in roles, where one brings in cash and the other brings in experience + sweat equity.
11 April 2024 | 5 replies
It seems that someone else got to it before I did or it’s overpriced, and I can’t make a profit if I flip it. my goal of flipping 3-10 this year is dwindling and I don’t know how to find the “off market” properties being a small fish in a big pond.
11 April 2024 | 4 replies
Building this foundation seems essential for success.I have just a few questions and would greatly appreciate any of your insights:1.)
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11 April 2024 | 5 replies
I received a quote from a broke that mentioned it will be ~$30k/unit (seems high), which should include adding washer and dryer units to the apartment.
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11 April 2024 | 3 replies
$1.5M mortgage, 30-year-fixed at 2.5% so I really do not want to sell or refi.I've looked at equity co-investment outfits like Point and Hometap, but the deal terms seem atrocious.
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11 April 2024 | 2 replies
All this seems straightforward, with the understanding that this money will incur higher interest rates and will need to be paid off as soon as possible.
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10 April 2024 | 1 reply
Seems like finishing the house and renting it out would be the way to go, at least in my opinion.
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11 April 2024 | 3 replies
I’ve heard from a few other agents that have transferred to some of the virtual brokerages that it’s not as great as it all may seem.
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11 April 2024 | 5 replies
It seems like the spread is large enough to still profit without subtracting the rehab cost.Maybe I’m misunderstanding this.