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20 May 2024 | 4 replies
There will typically be a lot of offers on the place unless the condition is no good or the property is priced high, so you need to communicate everything.4.
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20 May 2024 | 5 replies
It also has an unusually high concentration of 2-4 family multi-family options to make your dollar go a little further, if a duplex or fourplex is your cup of tea.
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20 May 2024 | 121 replies
I feel this would be a much higher cost due to the high level of labor needed.Thoughts?
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21 May 2024 | 11 replies
There's a high likelihood that family dynamics will come into play.
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20 May 2024 | 1 reply
Since the interest rates are high right now and prices pushed back a little bit I thought about doing an owner finance on a five year balloon.Thinking about paying it off in full and then turning around and doing an owner finance at a value somewhere between its current condition value and the ARV.
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20 May 2024 | 14 replies
You are correct that prices are high, it's also good to know that 2-4 unit properties are extremely popular at the moment.
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21 May 2024 | 8 replies
Also love @Patrick Allen's reply mentioning.(1) HELOCs on primaries are easier to obtain(2) High rates may make cash flow difficult unless there is a clear & compelling refi strategyItems I'll add from my seat.(1) Although rare we(Lower.com) offer HELOCs on investment properties, but the terms will always be better on primaries.(2) If you're moving into the next home, needing to only put ~5% down doesn't leave you very exposed to the higher rates of a HELOC.
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18 May 2024 | 9 replies
I've been using a website called "area vibes" has alot of detailed info on any neighborhood you need, like the demographics, crime, schools, it rates everything using a grading system.
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19 May 2024 | 8 replies
He said he was able to run the full video cable 130 ft from a couple different cleanouts and didn't see any problems.
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21 May 2024 | 41 replies
I gave him a bill for the damaged ceiling, he said it was too high and will not pay that amount.