22 October 2013 | 1 reply
I was thinking of a sweat equity type of situation but I don't know how he would go about getting that arranged or if D's mother refuses it how he could legally stake a claim to the property since he will be paying 50% of the mortgage payments and at least half the babysitting responsibilities.
1 June 2012 | 2 replies
I'd suggest you take a RE class, business law and a finance course, none will hurt you.Come out thinking how to work smarter not harder, I have always hated to sweat unless it was from recreational activities.Learn to recognize deals by the property not by a system.
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14 December 2019 | 6 replies
In this area, I knew my sweat equity wouldn’t go too far but felt good about the monthly rental income.
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8 October 2019 | 8 replies
I can provide the cash to purchase and was thinking the partner would foot the rehab and sweat equity.
6 January 2017 | 5 replies
Most of our deals require a decent amount of sweat equity to get a decent return.
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31 July 2017 | 17 replies
House hack, but only if/when you can find a great deal where you can add some sweat equity.
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19 August 2017 | 2 replies
Im asking myself this same question but with different circumstances.I have 6 properties all cash flowing nicely.I have a renter who wants a bigger place.So ive decided to buy a 2 family that's more then I've ever payed for an investment.There's no sweat equity and I don't expect it to go up in value over the next few years.I'll only be making 6% on my 60k down payment.
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2 August 2017 | 4 replies
(I want to get it to where I can wing myself off of using their money)A strategy I want to implement is to buy a cheap property, put in some sweat equity and get a mortgage on it down the road to essentially get all of my funds back out of the deal and then some to fund my next deal.
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8 July 2017 | 7 replies
It sounds like you put a lot of blood, sweat and tears in it and it paid off.
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24 July 2017 | 4 replies
Really to get started you do need some money, but sweat equity is another great way to get ahead as you have found out.