
29 May 2024 | 0 replies
Our interest in the Donna Kay deal in Nashville, TN, was driven by:Strong Market: Nashville's robust real estate market.Profit Potential: An ARV of $315,000 presented a clear profit opportunity.Location: The property's desirable neighborhood added to its appeal.Collaboration: Partnering with Seth Choate provided local expertise.These factors made the deal an attractive investment for Partner Driven.

29 May 2024 | 0 replies
Our interest in the Donna Kay deal in Nashville, TN, was driven by:Strong Market: Nashville's robust real estate market.Profit Potential: An ARV of $315,000 presented a clear profit opportunity.Location: The property's desirable neighborhood added to its appeal.Collaboration: Partnering with Seth Choate provided local expertise.These factors made the deal an attractive investment for Partner Driven.

31 May 2024 | 2 replies
I may be parting ways with my current provider.

30 May 2024 | 38 replies
. - not a lawyer but I know someone in a similar position who acted as a private money lender (silent partner) on a rehab to generate passive income.You could also look into the many turnkey providers to sites like Realtyshares, Honemestors, etc who will provide you with a K1 for passive income.

1 June 2024 | 7 replies
You don't have to trade out of a single family rental into another single family rental -- there are other 1031-eligible investments that might fit by providing passive monthly income.

29 May 2024 | 7 replies
Here are the details:Assumable loan balance: $750k at 2.75%List price: $950kDownpayment needed: $200k to cover the differenceMy initial plan to make this deal work included a few options:Getting a loan for the $200k difference.Bringing in a partner.Asking for seller financing.However, when I discussed these options with my agent, I hit a few roadblocks:Second Mortgage: My agent said no bank would provide a second position loan for the $200k.Seller Financing: He mentioned that 99% of sellers would reject this, though we're asking anyway.Agent's Advice: He suggested I just get a conventional loan and put 5% down for the full $950k, but I feel this defeats the purpose of leveraging the assumable loan.Given these challenges, I’m trying to figure out the best way to raise the $200k.

30 May 2024 | 7 replies
Building positive relationships with the staff can help facilitate the process and may lead to a quicker approval.Consider obtaining signatures for notification from neighbors in person rather than sending certified mail.

29 May 2024 | 12 replies
Of course site specific details could change my take above, but based on what you shared you need to buy a SFR in the two allowable areas above in order to obtain a STR permit.

1 June 2024 | 4 replies
This will make it necessary for Buyer’s agents to provide potential buyers with that contract for payment of their services prior to working with them.