13 August 2024 | 4 replies
Ask to speak with some of their current owners and current/former tenants.
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14 August 2024 | 4 replies
Curious of a few things for those that execute this strategy currently:-The city the property is in has a no more than 4 unrelated people rule, would that be an issue for me if all bedrooms were full or does the fact the basement tenants would be short or medium term save me?
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15 August 2024 | 6 replies
-Current Assets: <$100k in cash, ~$300k in retirement accounts, Primary Residence (CA) ~$100k in equity, 1 LTR condo ~$200k in equity and a HELOC @ $80k to close this week hopefully :).
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14 August 2024 | 4 replies
The market is always right and will quickly tell you if you're on target3) Option to purchase price at current appraisal, $388K
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13 August 2024 | 4 replies
But everything I've read says you can't actually get a HELOC on a rental property in Texas.We're also not really interested in refinancing the Texas home - as we've got a 2.5% rate on it and any refinance at current rents would turn it into a cash-flow negative asset.Anyway - we think if we moved some other investments around we might be able to find the $137K to pay off the loan outright - owning the land.
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11 August 2024 | 8 replies
Directly contact other Co-Hosts on IG, FB, Reddit, and Here. 2.)
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12 August 2024 | 25 replies
Having an experienced agent on your team before the rehab i think is very important because it is during the rehab when they can help add the most value by pointing you in the direction of what adds value to the sale, what finishes to choose and what to avoid, even what color paints are a good choice, insuring that your target sales price is not just realistic, but that it can actually appraise for that amount.
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13 August 2024 | 2 replies
Currently own a home with approximately $100k in equity.
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11 August 2024 | 1 reply
I'm considering two options for my property and would appreciate some advice:Cash-Out Refinance and Then Sell: Cash-out refinance to access some of the equity, then sell the property to get the remaining equity.Sell the Property Directly: Skip the refinance and sell the property outright.My main concerns are:Fees: Are there more fees involved with doing a cash-out refi and then selling compared to just selling directly?
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12 August 2024 | 0 replies
Partner Driven's strategic approach allowed us to connect with the seller directly, facilitating a smooth negotiation process.