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9 August 2024 | 5 replies
We might not be able to BRRR a multi family property (which is what we are trying to buy more of.) 4).
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7 August 2024 | 6 replies
I was not interested at 1.2 mil but became motivated buyer when I could buy it for 800 and get 100k of upside I said sure why not..3. 3 houses 125k closing i put up all the money he had two of them sold for 100k and that closed 5 days after we bought it so basis on the last house is about 25k .. and its on the market for 89k.
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6 August 2024 | 15 replies
Feedback regarding your personal experiences rates changing; hidden fees; closing on time; professionalism of the loan officer you worked with, etc., are all appreciated, for the below listed lenders, and we are open to new suggestions for lenders not listed
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7 August 2024 | 23 replies
Which isn't too unrealistic because they don't have any debt (eXp is cloud based and doesn't have buildings/offices)
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11 August 2024 | 12 replies
Hello, I have rented out a Single family home on Jan 1st 2024, tenant was brought in by an agent and setup lease as well.The tenant profile was not so great, but it was empty for more than 3 months and I reluctantly rented it out.Since then, tenant was paying rent, but on 5th of every month after couple of followups.Last month they pushed it to 15th asking they were hit by sickness, family emergencies and BS, I said its only one time pass and they paid it on 15th.Now August 1st is upcoming, they are requesting for a call setup to chat, not sure whats that abt, but I presume to buy time.BF and GF signed the lease, it appears things not working out well between them, only lady is answering emails/chats/calls.
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9 August 2024 | 3 replies
Would love any thoughts from you all about areas to try and buy or rent in.
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11 August 2024 | 4 replies
Duplex can always add additional units via the ADU laws. 8) Related to number 1, purchasing a property with an existing ADU is cheaper than buying a property and adding an ADU.
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9 August 2024 | 4 replies
Specifically single family, assuming the property fits their buy box.Thanks in advance!
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10 August 2024 | 1 reply
It's possible that this increase can prevent a lot of people from buying and might even force others to sell.Do not wait for your taxes to increase.
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10 August 2024 | 10 replies
If you're looking to buy value-add deals, a lot of investors I work with start doing BRRRRs with cash purchases and refinancing out so they don't have as many risk factors involved.If your market is seeing any kind of appreciation, I think it's smarter to leverage your money to get the bigger returns.