
20 May 2024 | 3 replies
-Keep a handy list of good contractors.

21 May 2024 | 53 replies
I won’t be ‘asking’ family or friends but will work with them if they initiate it.This method sounds promising

20 May 2024 | 1 reply
Then the list price would be over $100K and it might be easier for buyer's to get a mortgage.

20 May 2024 | 3 replies
I have a list of cash buyers that are flippers but im not sure of any buyers in FL who would take interest in seller finance deals. how can I find these investors or if you are one yourself in florida that does these please let me know 🙏🏾

21 May 2024 | 41 replies
Is it listed in the lease to keep it closed?

19 May 2024 | 3 replies
Here are some pros and cons of each approach to help you decide:Paying Cash for One Home and Refinancing LaterPros:No Mortgage Payments: You won't have monthly mortgage payments initially, which can reduce financial stress.Equity: You own the home outright, giving you full equity which can be used for refinancing.Lower Costs: No interest payments and possibly lower closing costs compared to having a mortgage.Better Negotiation Power: Cash buyers often have more negotiating power and can close deals faster.Cons:Opportunity Cost: Your cash is tied up in one property, potentially limiting your ability to invest in other opportunities.Refinancing Risks: Future interest rates may be higher, making refinancing more expensive.Market Fluctuations: Property values might decrease, affecting the amount you can refinance.Buying Four Homes with 20% Down on EachPros:Diversification: Owning multiple properties diversifies your investment, reducing risk.Rental Income: Potential rental income from multiple properties can generate cash flow.Appreciation: You benefit from the appreciation of multiple properties.Leverage: Using mortgages allows you to leverage your investments, potentially increasing your return on investment.Cons:Higher Debt: You'll have multiple mortgage payments, increasing your debt and financial obligations.Management: Managing multiple properties can be more complex and time-consuming.Market Risks: Market downturns can affect all properties, amplifying risks.Cash Flow: If rental income is not enough to cover mortgage payments, you could face cash flow issues.Considerations:Financial Stability: Assess your current financial stability and ability to handle mortgage payments and potential vacancies.Market Conditions: Consider current and projected real estate market conditions and interest rates.Investment Goals: Align your decision with your long-term investment goals and risk tolerance.Professional Advice: Consult with a financial advisor or real estate professional to get personalized advice based on your specific situation.If you prioritize lower risk and less debt, paying cash for one home might be the better option.

19 May 2024 | 2 replies
DSCR also offer a 40 Year term. 30 year fixed, 5/6 ARM (most popular), and I/O Interest Only to help the initial cash flow.

20 May 2024 | 121 replies
Are there any alternatives to Loopnet for finding self storage listings?

19 May 2024 | 6 replies
While I am not familiar with the CT market, the lender should have a list of real estate agents which provide gap coverage.

20 May 2024 | 19 replies
Initially I was planning to establish an LLC for liability protection, but after several consultations with different law firms, entity structures seem more complicated and much more expensive than what I need just starting out and with and no real wealth to protect.