29 May 2024 | 16 replies
It may be hard for the next 30+ days while they rant, rave, and try to make your life miserable, but then they will be gone and you will immediately notice your stress levels go down, you will free up a lot of time, and everything will be better.P.S. this is one of those situations where you may want to sweeten the pot.
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28 May 2024 | 7 replies
If you do not plan to live there buy it as either as a Seond home or investmet.Second Home is 10% down - seller can offer seller credit to cover closing costs.Investment Home - 15% down - Selelr credit but ony 2% of sale price Max.Pull cash out of your primary or another property via cash out refinance or LOC for the down payment.Feel free to reach out if you have any questions.
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28 May 2024 | 8 replies
On the conventional side, one of the biggest lenders, I belive they'll give you a few days free, but if you need to extend over 5 days then it is 2.5 bps a day, and if you need a 2nd extension then they double it to 5 bps a day. 1.5 bps is VERY reasonable.
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28 May 2024 | 9 replies
Feel free to reach out!
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28 May 2024 | 7 replies
We actually just did a free webinar (local real estate developers) focused on the fact that developers don't need licenses or certifications BUT they do need strategic partners with those and their expertise to complete projects.
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27 May 2024 | 8 replies
If the seller will entertain it you write it into your offer - what you're willing to pay total, loan term, interest rate, down payment.
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26 May 2024 | 28 replies
It’s like buying houses for free with zero out of pocket expenses.
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27 May 2024 | 7 replies
If you're interested in learning more, please feel free to reach out.
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27 May 2024 | 20 replies
Account Closed is correct, absolutely do both.. especially if youre just starting out even Grant Cardone started with a SFR. but for the sake of his question lets say you have 100k saved up for a real estate endeavor TOTAL, and you find a SFR that fits the 1% ratio (100k house that brings in 1k rent) that is doable if you calculate it out that would equal a 8.2% cash on cash IF it stays at a 90% occupancy rate. on the other hand if you invest that 100k into a limited partnership with a company that invests in value add apartments will now your cash on cash can be a preferred 10% with a target of 16-20% IRR which would essentially double your money in 2-5 years.. in this scenario the SFR would take sweat equity from you and risk while only returning a measly 8% CoC while the MF would be completely passive allowing you to learn and grow without hindrance with a 10% CoCnow we are over simplifying but I hope this made sense.. cuz my brain hurts ;D