
9 September 2024 | 14 replies
But the best ways to get started are, in my opinion: 1) save up enough for a 10-20% down payment and then save a lot more on top of that for reserves, overages, and any unforeseen repairs. 2) have your financial house in order and have credit above 700 to get more favorable rate and terms from lenders. 3) speak to a loan officer that is experienced with fix and flips and get the necessary documents together for a pre approval (typically not much required, usually a valid ID, LLC docs if any, and two months of bank statements showing funds for down payment and reserves).

6 September 2024 | 1 reply
They are all Voucher affordable housing homes.

7 September 2024 | 5 replies
Mortgage stays in seller's name but is paid by the buyer through a promissory note (aka contract)Mortgage Balance: $102,000 Interest Rate: 4% PITI: $531/monthSELLER FINANCE PORTION: Seller Finance: $300/month to seller for 53 months (4.4 years) = $16,000 Total House Payment: $831/month (PITI + Seller Finance)NOTE about CLOSING and seller: Seller would like to remain in the house until November 12th, 2024.

8 September 2024 | 1 reply
New Market Dynamics and Competitive Pricing: With more competition around commission rates, investors might benefit from lower transaction costs in the long term.

11 September 2024 | 6 replies
It requires a 1% or 2% deductible and the house must be in an LLC.
11 September 2024 | 11 replies
I do manufactured home developments so I look for land that doesn’t have housing restrictions.

9 September 2024 | 4 replies
From a publically available standpoint, Air DnA and Pricelabs puts out great data for their paid products on nightly rate, occupancies, etc.

9 September 2024 | 4 replies
I don't know too much about North Charleston and Summerville specifically but investing in real estate has been challenging country-wide since rates went up.

9 September 2024 | 21 replies
Hi all, I recently bought a house near Scranton PA it is my first investment property.

11 September 2024 | 10 replies
There are usually some minimum services like painting and house cleaning, but if additional renovation or maintenance is required, that will add to the price.