
14 August 2024 | 4 replies
I would offer it as a long term lease option, 24 months minimum, 36 is even better.1) Option money, $15K ballpark, see what the offers bring in2) Rent, $2450.

12 August 2024 | 3 replies
Here's my #1 dissatisfier in dealing with agents: Most have NO idea how to evaluate investment properties.I HATE when agents bring me a so-called "deal" without having first determined whether it actually makes sense financially.Then, when I do run the numbers and calculate a cash flow of $50/mo and a cash-on-cash return of 3%, I feel violated, like my time has been totally wasted.And, that's the last "deal" I'll ever consider from that agent!

14 August 2024 | 11 replies
If you want to use this as collateral for future deals, you will need to finance out of the SBA loan later, or put more money down on a conventional loan 5 year term/20 year amort up front.B.

8 August 2024 | 5 replies
How come no one has created a standard form for hard money lending where the terms are easily comparable across them?

12 August 2024 | 3 replies
Hello Laura,I have actively purchased land that I identified for the last 10+ years.The easiest way to find out if the land is for sale is to talk to the owner directly.You can use tools such as Whitepages.com surprisingly they have over 90% of people's cell numbers.If you can't get the owner on the phone, I would send them a letter asking them if they want to sell, I have seen other people use actual contract offers that they send out to the owner trying to purchase the property.I would not share my concept unless its some sort of Charity that you are either seeking a partner or donation for.I haven't used PropStream, However one really good tool is called Land Glide, its and app on your phone, and you can look at the parcel makes in real time, and also see the owner info and for each parcel.Hope this helps,Dustin

13 August 2024 | 5 replies
Also - is it appropriate to add a contingency related to this in an offer - specifically something like "earnest money will be returned if property soil is not found suitable to support 15 RV pads" sort of thing?

12 August 2024 | 13 replies
She is actually okay for the past few years until she saw that I have totally rehabbed one unit when tenant moved out and I guess she feel jealous and have since demanded a lot of repair/upgrade and started making a lot of accuse saying mold issue causing health issues but at the mean time trash my yard and keep the common area dirty.

13 August 2024 | 15 replies
They should postpone it for 30 days.2. are any of you open to closing a deal like this (happy to share all details and make a connection) Does not sound like there is enough money in the deal.

13 August 2024 | 9 replies
Here's the actual statute: § 42‑14.

14 August 2024 | 6 replies
I think you are trying to say you want to put your money on the line doing flips but don't want to take the time to make sure you do it right.