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17 July 2024 | 8 replies
My primary house estimate value is around $450k, I still owe $60k for mortgage, and I have $45k in high yields saving now.
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18 July 2024 | 2 replies
About to do my first flip and curious about Redfin, which appears to save a lot especially on the sell side vs. conventional agent.
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20 July 2024 | 12 replies
If you don't then I recommend you use that money to buy some liens.
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20 July 2024 | 6 replies
But it sounds like the amount of money that is needed for closing is not that much...
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20 July 2024 | 4 replies
Hi Ian,The best way to get this done is to refinance into a hard money rehab/construction loan.Not sure how much equity you have in the house but the ratio would be as following.75-80% * (Value of home+Cost of build/rehab) = Total Loan AmountWe would payoff the initial note (+ closing costs if loan amount exceeds construction budget & payoff), the rest would be in an escrow account for you to draw from as you complete your project.I would love to connect and discuss further on the details of this scenario!
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17 July 2024 | 7 replies
Thank you for your time, Paul So, no experience, no money, no props but you want to ask " me " for money, HMM, would you give you money?
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20 July 2024 | 6 replies
I have already completed one out of state BRRRR, have my 2nd (wholesale deal) under contract and searching for a third with private money.
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20 July 2024 | 14 replies
By doing this, you put the least amount of money down to buy it (can be as low as 3.5%).
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20 July 2024 | 9 replies
Spend on the big key items (Mattress, Mattress protectors, bedframe, couch, dining table) and save on the other items (Lamps, silverware, plates, end tables, etc) Hope this helped!
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20 July 2024 | 2 replies
An example of this would be mixing your personal money and LLC money in the same bank account.3.