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3 July 2024 | 14 replies
If so, given everything you have described - another option might be to cash out of it and take the money and run.
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2 July 2024 | 0 replies
Purchase price: $45,000 Cash invested: $12,000 Sale price: $124,000 Old single family home I flipped with some structural repairs, sanding and refinishing original hardwoods, new kitchen, light bathroom update, paint inside and out, and other cosmetic touches
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2 July 2024 | 1 reply
Requesting Buyer to assist on Closing CostsWe requested the seller to offer cash towards our closing costs.
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2 July 2024 | 19 replies
There is the those that have to sell and yes they are probably selling it distressed or a forced sale- but as you mention if you look at this listhttps://www.nmhc.org/research-insight/the-nmhc-50/top-50-lists/2023-top-owners-list/These companies may have some strategic liquidations but they can ride this thing out.It’s the syndicators who promised people cash and took at short term debt because they played the lottery thinking they could flip a multifamily building thinking prices always go up and cannot now handle the debt burden.
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2 July 2024 | 0 replies
And perhaps in that case, I am thinking to offer them cash for keys to vacate the property (After the property is vacated and condition of the property is verified) rather than hoping that this will get any better.
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2 July 2024 | 0 replies
Purchase price: $250,000 Cash invested: $40,000 Took a three bedroom ranch home and converted into two separate apartments with two tenants.
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2 July 2024 | 7 replies
I did a cash out refi and took out 100k!
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2 July 2024 | 18 replies
I need to buy a property and leave closing with cash in my pocket.
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1 July 2024 | 18 replies
We have been fairly aggressive with price negotiations and seller concessions to contribute towards costs and improve Cash on Cash returns.