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22 May 2024 | 9 replies
Its hard enough to find the "right" house to live in, but when you add factors like: foundation repair, new roof, new hvac, complete cosmetic over haul, it makes it that much more difficult.Certainly can be done, and not only that, you can find a house in Collin county off market cheaper that what you would pay retail.Its important to make sure you have a resource for properties, an investor friendly lender Ie.
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22 May 2024 | 5 replies
Just got off with an investor who was about to wire us money from Yieldstreet but his account with them is now frozen until further notice.Apparently they use a third party to escrow all funds and that company has just filed for bankruptcy.This is really unfortunate for those investors who are exposed.
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22 May 2024 | 6 replies
So to me, the refi seems a ways off and probably isn't good justification to hang onto the property.
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22 May 2024 | 9 replies
The goal is for you and your agent to get the adjuster and the contractor to sign off on a "statement of loss / scope of work" that they can both agree to.
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21 May 2024 | 15 replies
It's paid off.
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21 May 2024 | 10 replies
and the goal of a house hack is not to 'cash flow' - it's to replace your rent payment with a mortgage payment and build equity.with that said - lots of investors buy off market and not on.
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21 May 2024 | 19 replies
What exactly is "off market"?
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22 May 2024 | 27 replies
That lines up with some properties I've been watching in the $400k range that had to cut $40k or more off list to get under contract.
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22 May 2024 | 3 replies
I think you should threaten to work with a public adjuster but save the 10% they charge off the top until you actually need it.
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22 May 2024 | 19 replies
So, the PMC is making a decent amount off their hidden markup!