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25 May 2024 | 14 replies
Especially post covid with all the supply chain issues that followed. 4-6 months is a much more realistic timeline and if the builder is off any worth you might have to get in line. 4-6 months is assuming you have closed on the property, permits are in place, a contract is signed, and the weather allows me to start today.
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23 May 2024 | 4 replies
Agustin, Regardless of where you are going to invest you need a team of people around you to make your real estate investing business successful.
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24 May 2024 | 2 replies
I'm not a realtor, so we are not allowed to use the GAR forms, and their forms often contain a non assignment stipulation.
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25 May 2024 | 11 replies
Aka it was a bad experience-Did I sell these at a profit that then allowed me to grow my portfolio faster than projected?
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22 May 2024 | 2 replies
Being in the military will allow for you to use the VA loan.
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22 May 2024 | 48 replies
We are the best team in Detroit, hands down.
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23 May 2024 | 2 replies
Up top on the left you will see a tab 'Build Your Team'.
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24 May 2024 | 6 replies
This house currently has no renter though they are actively looking to put one in the home.House 5. rents for $725/m the loan will cost me $13,000 as a down payment and $6,000 closing costs, and should cash flow approx $275/m after mortgage payment are made.House 6. rents for $725/m the loan will cost me $14,000 as a down payment and $6,000 closing costs, and should cash flow approx $250/m after mortgage payment are made.To be able to make this down payment I have the option to:HELOC my current home which cost me about $850/m in repayments OR I can find a hard money lender who would be interested in working with me, I am currently putting together a hard money lender proposal to show a couple family members that would basically look like this: No repayment in the first 12 months, all income going into an account to allow for repairs and emergencies, after that taking the cash flow and splitting it 75/25 to the lender paying it off in approximately 13 years, sooner if we can make extra payments on it and giving the lender an 8% return on his money(about .5% less than what I was quoted for my HELOC).ORI can potentially do a deal with my brother who is also looking to get into real estate and we split the properties 3 a piece.These properties are right outside of a military base in a low income city but have done well for the family currently owning them with consistent long term renters in them.I am looking for any advice as to whether or not this is a deal worth pursuing.
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24 May 2024 | 2 replies
I guess another option would be getting the current tenants to sign a new lease which allows them to stay in that unit, with no garage usage.
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23 May 2024 | 43 replies
To team up with her would solve 90% of the issues you could encounter too.