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19 January 2025 | 9 replies
Oddly enough, we had it under contract about 48 hours after listing it.
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16 January 2025 | 5 replies
Purchase price: $70,000 Cash invested: $60,000 Sale price: $70,000 Have under contract for $70K and will rehab.
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22 January 2025 | 20 replies
Also, focus on 2 years of job/income stability.Class D Properties:Cashflow vs Appreciation: Typically, all cashflow with little, maybe even negative, relative rent & value appreciationVacancy Est: 20%+ should be used to cover nonpayment, evictions & damages.Tenant Pool: majority will have FICO scores under 560 (almost 30% probability of default), little to no good tradelines, lots of collections & chargeoffs, recent evictions.
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21 January 2025 | 11 replies
Most dscr lenders will not do loans under $100k but if the property is not in the usda eligibility zone, the same lender I quoted above will do loans under $100k.
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21 January 2025 | 10 replies
In MANY cases, an insurance company is insuring a home under the guise of it having updated features without knowing that some things are not fully updated.
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27 January 2025 | 4 replies
. - In the extremely unlikely event that you get a property under contract, your assignment fee, in many locations, and probably on average, will be less than the commission a licensed broker would have received for selling the property. - You will be at risk of breaking the law, as many states are creating laws that effectively ban wholesaling, and while wholesaling gurus claim that this is not the case, they are either lying or deluded.
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23 January 2025 | 31 replies
This way, investors could avoid the tax burden since the operations would fall under a European entity.
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20 January 2025 | 9 replies
I found them on sunbiz site when I searched the company name under fictitious name!
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21 January 2025 | 5 replies
They have land under contract, $2B in agreements signed so far, so that’s it really.
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27 January 2025 | 11 replies
Once I get a few deals under my belt and money is more abundant, I'll also purchase Seth's training.