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29 January 2025 | 31 replies
Sorry, English isn't my original language.On 11/6/23, I applied to Lendbase for a commercial loan for my business.
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18 January 2025 | 2 replies
I would also add, a contractor that you can buy materials for and they know how to put them in with little to know direction (reduces the management time of the project).
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28 January 2025 | 9 replies
Perhaps some time will provide clarity in one direction or the other.
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15 January 2025 | 24 replies
I'd also spend some money in direct marketing to get more sellers, and either wholesale those deals or buy them myself.
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9 January 2025 | 28 replies
It really doesn't apply as much anymore in most markets because rates are too high and homes are selling for too much. .75% rule is more viable and would be the new 1% rule in this market.
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8 January 2025 | 9 replies
@Hiyun Park only experienced investors can DIY everything in Class C Midwest areas like Detroit, Cleveland, St Louis, etc.Hopefully the info below will help you:-----------------------------------------------------------------------------------------Recommend you first figure out the property Class you want to invest in, THEN figure out the corresponding location to invest in.Property Class will typically dictate the Class of tenant you get, which greatly IMPACTS rental income stability and property maintenance/damage by tenants.If you apply Class A assumptions to a Class B or C purchase, your expectations won’t be met and it may be a financial disaster.If you buy/renovate a property in Class D area to Class A standards, what quality of tenant will you get?
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9 January 2025 | 16 replies
He is a direct lender, not middleman broker fees.
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17 January 2025 | 21 replies
A lot of the due diligence you are already accustomed to doing in Canton will apply in Akron.
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17 January 2025 | 20 replies
Sellers often favor buyers who can make larger down payments, as it indicates stronger financial backing and reduces the risk of the deal falling through due to financing issues.Additionally, SFH properties are more accessible to a wider range of buyers, including first-time homebuyers and families, which can lead to less direct competition from institutional investors.
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24 January 2025 | 10 replies
I did a better job syncing using iCal directly.