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20 December 2024 | 3 replies
So I'm strongly considering adding a handful of these to my buy & hold portfolio.I understand that there's no "risk-free" method to acquiring these properties subto, but have any of you had success over the long-term acquiring properties with VA loans attached?
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4 January 2025 | 7 replies
(relinquished property has mortgage of 200k, so need mortgage of 200k+ for acquired property?
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4 January 2025 | 9 replies
House HackAttend as many REI meetups as you can to grow your network of investors for referrals, help through challenges you may incur but don't have experience with, and learn from proven guest speakersNetworking app like blinq to compile all of your contacts for REI in one area with phone and emailbegin conversations with local credit unions exploring what type of loan products they offer
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30 December 2024 | 6 replies
When you go to a Bank or Credit Union, they can only offer you what products that bank or credit union offer.
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4 January 2025 | 5 replies
Land already acquired and we're breaking ground in the Spring.
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3 January 2025 | 6 replies
Our logical process:1) Use Neighborhood rankings to narrow down area of city you want to invest in2) Focus on getting to know that Neighborhood(s), so you know the good & bad streets, block-by-block.3) Be patient to acquire properties on good streets that meet your buying criteria.Our rankings are done with a "bell curve" approach.
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23 January 2025 | 31 replies
Moreover, the government has made it very clear that it wants to attract foreign investment and a measure like that would be totally counter-productive and downright dangerous and negative for the country and it's the economy.
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1 January 2025 | 26 replies
I am not acting in an agents role as I am providing the service to help the owners sell their assets, while enabling the buyer to acquire cashflow positive deals that banks are not providing with current rates.
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6 January 2025 | 31 replies
Our only notable closing cost on the sale was an attorney fee of about $5k.Long story short, if you’re a real estate investor interested in another asset class, perhaps consider acquiring a small business like a laundromat.
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3 January 2025 | 40 replies
Point being that property you acquire 1-2 years ago is likely to be subject to deferred maintenance and capex, so their "long term" performance in rankings 1), 3) might skew poorly in year 1-2 but may pickup after you've found and fixed all the hidden issues.I know if i did this exercise across my portfolio, the recently acquired ones wouldn't be fairly "stacked" because of all the year 1-2 cost build up from what the seller deferred, but have good chances at being future performers in years 3-5.Maybe that's why you have 2) and 5) but curious your general thoughts here are for evaluating this.