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20 July 2024 | 4 replies
every person who builds a house or a commercial building has to do so with 25% equity to get it financed with a bank. there is absolutely value in new construction. the hard part becomes making sure your architect knows how to design a building that can make money. but saying you don't know how to is a little silly it's the same idea as existing but ground up you just study the market and look at land more than you do anything else. you can build a house anywhere but you want to do it in better areas. it's either than or higher density's smaller floorplans, etc
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18 July 2024 | 9 replies
Happy to send an intro.Roofstock offers a lease up guarantee and a 30 day money back guarantee on all properties.
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19 July 2024 | 1 reply
I want to create a different experience for my tenants.Outside of real estate, I enjoy my day job as a psychologist and relationship coach.
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19 July 2024 | 8 replies
You will gain so much knowledge from the experts in your market and also may find someone who is in the same boat of you.
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19 July 2024 | 6 replies
If you fail to show up with the $95,000, you forfeit your $5,000 bid and the property would be auctioned off again.So your bidding money is at risk until you pay the balance.After you win the bid, there is a 10 day redemption period in Florida where the owner can more or less "claw back" the property by paying all the money that is owed to the lender that is foreclosing.
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19 July 2024 | 15 replies
The process of purchasing a property takes a little time, but typically less than 60 days.
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20 July 2024 | 7 replies
I agree with everything you've written and I appreciate you taking time out of your day to respond.
19 July 2024 | 3 replies
I've lived in Pittsburgh my whole life and being that I'm in an out of properties every single day, I really know the market.
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19 July 2024 | 4 replies
Hey Brian,Here are some key considerations if you're looking to re-sell the property under the same "subject to" arrangement:Due-on-Sale Clause: Most mortgages have a due-on-sale clause, which means that the lender can demand full repayment of the loan if the property is sold or transferred to a new owner.