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7 August 2024 | 15 replies
They have received two blight violations for failing to store trash containers properly, resulting in costs of around $400.
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7 August 2024 | 1 reply
Casting a large net by utilizing wholesalers, MLS, direct relationships with agents to get deals BEFORE they hit the MLS, driving for dollars/door knocking, direct mail, etc. are all great avenues if done correctly.Knowing how to calculate the ARV and rehab costs is also essential to identifying a good deal and that goes with any area.
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5 August 2024 | 0 replies
This Water Street property in Delphi, IN, was an attractive investment due to its low purchase price of $21,000 and the potential for significant value addition through targeted renovations.
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9 August 2024 | 20 replies
Now that they are growing again, affordable supply (in terms of single family homes) can no longer be added due to labor and material costs.
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7 August 2024 | 6 replies
Is your all-in budget $130K, meaning purchase/rehab/holding/closing costs all must fall within that number?
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7 August 2024 | 3 replies
Getting a HELOC without a full appraisal can be tricky, but there are a few ways it might be possible, especially if you’ve added significant value to your property.Showing Recent Home Improvements : Providing documentation of recent home improvements and their costs might convince a lender to waive the full appraisal.High Equity : If you have a significant amount of equity in your home, lenders might be more flexible with appraisal requirements.Streamlined HELOC Programs : Some lenders offer streamlined or fast-track HELOC programs that don't require a full appraisal.
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7 August 2024 | 8 replies
Hello -- I need to do a major rehab on a rental property that will cost about $50k-60k but the contractor does not want 1099 and wants nothing to be reported to the IRS.
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5 August 2024 | 0 replies
Partner Driven was drawn to the E Ingram Street property due to its strong potential for a quick turnaround and profit.
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7 August 2024 | 2 replies
Some lenders may have a rehab/ construction type loan that can finance the purchase and repair costs but have a 6-18 month balloon that would require a refinance.
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2 August 2024 | 2 replies
There seems to be a lot of growth and the potential to be a great market to invest in.