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13 May 2020 | 29 replies
I'm 1/2 way through, started my business plan, getting pre-approved and looking at properties this week :)
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3 May 2019 | 22 replies
That's a TON of spreadsheets.I pre-build a spreadsheet for each property and one for mileage.When I collect rent or expense something I just open it up on my phone and add the item or mileage.
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30 April 2019 | 3 replies
Bad Credit OK. 1-912-912-XXXX.When they call, "Pre-qualify" them as fasr as their job, income, rental references, etc.
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28 April 2019 | 28 replies
I will offer to hand over all my due diligence and prelim engineering to the seller if I fail to close.. thereby giving them value for taking the property off the market while I go through pre lim development ..
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27 April 2019 | 10 replies
My dad just got prequalified in a house that’s listed at $90,000 in south Texas. We looked at it earlier with a realtor too. 3bd/1 & 1/2 ba She said it’s a “hot house” with several inquiries already . Any advice/s...
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1 May 2019 | 3 replies
Will the rent roll cover my mortgage and expenses if I purchase a 3 bedroom for $175k-$200k with 20% down conventional mortgage?
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27 April 2019 | 1 reply
If you planning to renovate a property after the sale, you can borrow upto 70% of ARV so basically roll in your renovation costs into the loan therefore increasing the loan.
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29 April 2019 | 20 replies
If you are off by one unit of whatever it is, you are going to get killed in fees from when the GC has to order the missing unit, or from delays you cause, from having to re-roll crews, etc.
10 May 2022 | 3 replies
Basically, keep using the original fund money, add houses, put mortgages on them, and keep rolling forward.