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28 May 2024 | 4 replies
If anyone has tips on finding good deals, financing options, or navigating the challenges of flipping and renting properties, I'd love to hear from you.Looking forward to connecting with all of you and building a supportive network as we grow and succeed together in this exciting industry!
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29 May 2024 | 7 replies
Here are the details:Assumable loan balance: $750k at 2.75%List price: $950kDownpayment needed: $200k to cover the differenceMy initial plan to make this deal work included a few options:Getting a loan for the $200k difference.Bringing in a partner.Asking for seller financing.However, when I discussed these options with my agent, I hit a few roadblocks:Second Mortgage: My agent said no bank would provide a second position loan for the $200k.Seller Financing: He mentioned that 99% of sellers would reject this, though we're asking anyway.Agent's Advice: He suggested I just get a conventional loan and put 5% down for the full $950k, but I feel this defeats the purpose of leveraging the assumable loan.Given these challenges, I’m trying to figure out the best way to raise the $200k.
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30 May 2024 | 4 replies
If you ever have any specific questions feel fre to reach out I am always happy to help and talk REI!
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29 May 2024 | 10 replies
That may change at some point, but I have a feeling that will stick for a year or 2.
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27 May 2024 | 4 replies
Propstream seems to be very popular and I signed up for an account but I'm confused about what to do once I have a list of leads.
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29 May 2024 | 3 replies
Feel free to reach out directly with any questions.
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29 May 2024 | 1 reply
I wouldn’t want to lie and I have a feeling this could be illegal if wholesale their property without them knowing
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30 May 2024 | 47 replies
Matthew,I feel your pain, Im about to buy a town house in Watford.
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27 May 2024 | 7 replies
College drained my finances faster than I anticipated, but I've found a new path that feels right for me.
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29 May 2024 | 8 replies
Feel free to reach out if you want to discuss in more depth!