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12 April 2024 | 16 replies
Mold not only damages your property but can also pose serious health risks, especially if it's black mold.As for the quote you received, $5,500 sounds a bit higher for the remediation of two basements, even with labor and materials included.
12 April 2024 | 3 replies
Lots of idiots out there and want to reduce the risks to the structure close to where the gas grill is.
12 April 2024 | 24 replies
Setting clear investment criteria, such as the types of properties you're interested in, where you want to invest, your budget, expected returns, and how much risk you're willing to take on, is key.In order to be financially prepared, it's important to save for a down payment, establish an emergency fund, work on boosting your credit score, and look into different financing options.
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11 April 2024 | 15 replies
I wholesaled deals to get large cash infusions in a short amount of time to fund large buy/hold opportunities, or liquidated because I saw new risk on the horizon that may diminish future returns.The question I ask on every deal I'm considering, and the funds I have to work with, is: "what do I want my money to do and when do I need it to happen by?"
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12 April 2024 | 6 replies
The title issues with unfinished work with lien potential kill it for all but the highest-risk lenders.
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12 April 2024 | 8 replies
Is this for a core property that was constructed in last couple years in a Class A market or a 60's construction in a small town, middle of nowhere.Then it gets into borrower risk and relationships with lenders.
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12 April 2024 | 8 replies
Investing is a great way to build on generational wealth, you will be required to take risks.
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11 April 2024 | 20 replies
i can't remember.a big flip is just a very risky way to get started... a house hack or a live in flip are lower risk (not no risk, but lower risk.)miscellaneous reactions-you don't buy a flip with a DSCR loan - if you converted it to a BRRRR, you would refi into a DSCR loan.
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10 April 2024 | 11 replies
So based on what you know, if a beginner were to snatch up several of these 10.5% TDs over time, and experienced typical losses for a beginner, what would their net be?
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12 April 2024 | 6 replies
Sounds like too much trouble and risk to proceed.