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28 June 2024 | 4 replies
You can go to their profile page and scroll down to the reference section to see folks who have actually worked with them like these guys have.
28 June 2024 | 2 replies
If you do have the reserves or don't need them, I would look at moving it to a business CD or possibly re-investing into another property if it gives you enough for the next down payment.
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25 June 2024 | 10 replies
Also, a VA loan is a straight loan where you can use no money down which is a great advantage as a veteran versus a 203k loan which is a rehab loan which requires a 203k facilitator and contractor and the contractor gets paid in 4 draws that have to be approved first.
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28 June 2024 | 2 replies
We felt this added value to our property, so would have done it for free, but we did not turn down the small payment.Yes, you will probably want a lawyer to help to ensure this action does not create an issue later.
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26 June 2024 | 14 replies
@David Orr Thanks for the recommendations and also heads-up on need for material participation.
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28 June 2024 | 3 replies
If you're looking to take down a ~$35k property in PHX to hold and sell later, your best bet would likely be to drive those areas and contact the owners (or their brokers) that are selling.
28 June 2024 | 13 replies
Tenants tend to back down when they see you can't be pushed around.
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29 June 2024 | 7 replies
The first-floor unit is ~800SQFT and duplexed down to a finished storage area.
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29 June 2024 | 9 replies
Offer to pay their hourly rate to sit down to answer your questions.
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28 June 2024 | 6 replies
Now, I'm not saying this is smart by any means, but since the market has shifted to a wholesaler's market then it would be in your best interest to either increase your offer amount so you lock down more deals or significantly increase assignment fee for higher spreads.