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3 February 2025 | 56 replies
People will forever say “avoid Detroit” or good luck cash flowing….
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6 February 2025 | 9 replies
You want a design that stays relevant, withstands high turnover, and doesn’t require constant costly updates.7.
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11 February 2025 | 1681 replies
I would avoid the testimonials.
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16 February 2025 | 7 replies
You can give them whatever notice is required by their existing lease to enter, go in or send your pm and take photos to use to compare for your records on move out.
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25 February 2025 | 8 replies
Plus, these properties are usually sold as-is, so an inspection wont change much.What experienced Flippers Do InsteadBring a Contractor Instead A 15-minute walkthrough with a good contractor will tell you what you need to know.Know Your Numbers Upfront If you price in a repair buffer, minor surprises wont kill your deal.Use the Inspection Period (If Allowed) Some wholesalers offer a short due diligence window use it wisely.When an Inspection Makes SenseIf you’re new and not confident in spotting costly repairs.If its a high-end deal or potential structural issue.If your lender or partner requires it.If you do need an inspection, find an inspector who moves fast and work directly with the wholesaler to coordinate access.
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4 February 2025 | 5 replies
We're looking to gather info about likely cost, pitfalls, time required, considerations when obtaining financing, etc.
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11 February 2025 | 5 replies
Given interest rate changes, property values, and lender requirements, I’m curious about:How were your acquisition and rehab costs compared to your ARV?
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28 January 2025 | 4 replies
Sellers can avoid paying transfer taxes to the county, while buyers are spared from facing significant property tax increases.However, it's important to note that lenders typically only approve these loans for properties with five or more units.
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11 February 2025 | 5 replies
even if its interest only, id want to pay down principal here and there. seems like sellers would offer this interest only route so they have 0 capital gains tax, but id rather pay down a bit of principal in 7yrs. i see its not required but it should allow for principal paydown in promissary note3) any general advice to look out for on seller financing?
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3 February 2025 | 25 replies
Community banks generally have no seasoning requirements.