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27 January 2025 | 3 replies
Build - rent - refinance -repeat. in columbus ohio you are buying old houses that are 1900 or 1920 or 1940 and you are in a sellers market. on the other hand you can source land which is a buyers market and build single family homes or duplex or triplexes that will return by renting and pulling cash out on a DSCR loan and doing it again. there aren't a lot of strategies that do this. flipping is different. so many risks. but when someone has a well oiled machine it's all good and less risk.
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21 January 2025 | 1 reply
In December 2024, 67.9% of homes sold below the asking price, indicating potential opportunities for buyers to negotiate.
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22 January 2025 | 1 reply
One of the first deals I had (multi in an up and coming area) my buyer was paying cash and the deal was solid.
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29 January 2025 | 31 replies
Lendbase, as a "correspondent lender" basically shops for and lends other Lender monies.
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25 January 2025 | 2 replies
Most of our buyers and investors are focusing on value add or land acquisition to build to experience cashflow and equity.
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17 January 2025 | 19 replies
James and his people who manage the program are nice and give basic sales and negotiation advice but not much that moves the needle in any situation.
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4 February 2025 | 24 replies
If you don't understand the basic principles of construction, market standards (i.e. average cost per labor hour, cost per sqft for flooring, cost per sqft for hang/finish drywall) then you may find yourself getting taken advantage of without even knowing it.
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14 January 2025 | 17 replies
I've considered areas close to the Falls, but sellers seem to price it a lot higher assuming the buyer can make it up renting it short term.
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27 January 2025 | 9 replies
All depending on perspective.I would take it with a big grain of salt, I think Opendoor is trying to drum up interest, given how many properties, they and other institutional buyers, are having on the market (e.g.
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19 February 2025 | 9 replies
A letter is going out the GA Board of Realtors to warn other real estate agents if their buyers are in bed with Insula, to head for the door.