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30 January 2025 | 3 replies
I saw how that proposal is basically her giving me a 0% loan, but at the same time I believe that structure will avoid her taking a large loss (approximately 30k if she accepts a 300k offer).I do not know why she doesnt get a PM, I only share the facts of when she purchased it, the purchase price, and the reasoning she shared with my realtor as to why she is selling after such a short time period.
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19 February 2025 | 7 replies
I use a hard money lender here in Memphis TN that is 12% interest paid 1% monthly, 100% purchase & 100% rehab w/5points up front.
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1 February 2025 | 5 replies
The only additional thing that needs to happen is make sure appraiser makes note of why the value increase in as is vs previous purchase price.
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3 February 2025 | 0 replies
Purchase price: $450,000 We bought this park for $450k.
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4 February 2025 | 1 reply
Purchase price: $350,000 Cash invested: $10,000 House hacking my first home by converting the master bed into an independent studio that we rent on Airbnb What made you interested in investing in this type of deal?
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16 February 2025 | 14 replies
That ensures you don't spend it on other things and that you know exactly how much you have available to spend on the next purchase.
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4 February 2025 | 2 replies
Sandra For transparency purposes, I believe you meant to say that you purchased a turnkey property from Memphis Investment Properties, not Memphis Invest.
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4 February 2025 | 0 replies
Using quality yet affordable materials can transform a space without excessive costs.I could remember working on a property an investor purchased.
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31 January 2025 | 10 replies
I found a house that I like to purchase in a great neighborhood and the exterior looks great for a 1922 stick built house.