
23 August 2024 | 7 replies
Hi community,As I think about the exit strategy for going from one house hack to the next, I have realized that it would be difficult to cash out refinance and buy the next house with a minimum down payment from a primary resident loan.

21 August 2024 | 4 replies
Ex (random numbers pulled out of thin air)$100k purchase $160k ARV$30k reno but $20k at cost$15k holding costsTotal Cost:$145k cost or $135k with contractorWith the contractor at cost, I have an extra $10k of margin where I don't lose money, but obviously not ideal for the contractor since they would make less.I think a good way to price it would be the equity would equal your profit if you did a fee construction at slightly below the projected ARV, and slightly below the projected hold time.

25 August 2024 | 10 replies
If the seller is offering zero compensation, that property could be out of budget from inception or drastically reduce the seller's potential buying pool as initially it might appear out of the buyer's budget or feasibility if required to compensate their side directly.

23 August 2024 | 4 replies
While the support sounds nice, I can buy quite a bit of consultation and legal help for $60K, and that doesn't even figure the royalty.Nothing against the franchises, I spoke with PMI and was impressed with their business model, I just don't like the idea of paying fees to be restricted operationally.

23 August 2024 | 1 reply
Investment Info:Single-family residence buy & hold investment.

22 August 2024 | 5 replies
In my opinion principal reduction is the best option instead of buying interest rate since money will not go directly towards principal.

19 August 2024 | 9 replies
Please remember to buy an extra box or two of the LVP so that you can do spot repairs if needed!!

18 August 2024 | 0 replies
Investment Info:Condo buy & hold investment.

23 August 2024 | 22 replies
That is for people trained to buy property the correct way, but most people aren't trained so they resort to the aforementioned options.

20 August 2024 | 64 replies
I think @Jeff S. nailed it.If you were determined to buy this I'd give some thought to a small office cluster for therapists/ practioners like counselors, massage therapists etc.