Ramon Pena Alvarado
REO wholesaling
20 September 2024 | 31 replies
For example: I look for a minimum of a 20% discount from the arv ARV=$100,000 asking price=$80,000 based on this spread I make my offer with a 10% repair cost from the arv repair costs=%10,000 so if I'm wholesaling the property my offer would be $50,000 or 50% of the arv.
Mohammad Murad
Seller doesnt want to pay realtor commission
18 September 2024 | 23 replies
You can tell the seller you need them to pay some amount of commission up to the discounted amount of $5k.
D Kirk
How to have low inspection cost when inspecting Multifamily?
20 September 2024 | 23 replies
On my first use of him, his inspection resulted in a $47,500 discount.
Alex Silang
How to negotiate DSCR lenders down
16 September 2024 | 4 replies
You can earn honorable discounts and fees overtime by establishing mutually beneficial partnerships with one lender or broker but squeezing them dry for a lot of hard work and not equal pay isn't something I recommend making a strategy
Steven DeMarco
Almost 2 years in and haven't made any money (via cashflow)
20 September 2024 | 114 replies
Either way, selling doesn't paint a good picture.In April '24, I hired a full-service PM which has helped tremendously with bookings and appears to have started turning the cashflow ship in the positive direction.
Noah Bacon
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21 September 2024 | 53 replies
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Felicia West
Downpayment amounts - 20, 25 or 30%?
15 September 2024 | 19 replies
Ask your lender if there’s a discount at 25 or 30% (assuming 20% is required.)It used to be “dumb” to put down more than required when rates were 3%.
Scott Sampson
Potential in Bankruptcy deal
16 September 2024 | 7 replies
My initial thought was looking into the best approach (if any) with this lender to get one of these two specs at a discount which would get one of them off their books.
Christina Colon
New owner- Tenant question
16 September 2024 | 13 replies
I’ve periodically had tenants at the Multis offer to “help with the landscaping” in exchange for a discount on their rent.
Tim Silvers
Cast Iron Plumbing On Flip Property
14 September 2024 | 23 replies
This was a major rehab ($160K) and I've already discounted the price $40K from ask.