Noel Dixon
Is Land Flipping a thing?
8 April 2024 | 3 replies
In Washington state right off the I 5 corridor .. my land partner got into contract for 65k ( infill lot that could handle a duplex or two units) put it on the MLS ( which is how you get top dollar) sold in 3 days multiple offers for 110k netted us 100k so 35k net profit .. which I have a formula to split with the acquisition partner. ( PS its always more to them than me) but bottom line if you can fill your pipeline its easily a low 6 figure to mid to high 6 figure when you have a capital partner like myself.. or someone else.. does take a fair amount of capital though usually 500k to 1 mil in cash to make that kind of money so thats where we come in.
Carly Peterman
Selling Manufactured Homes in Park - New Development Questions
8 April 2024 | 2 replies
Partnered with the original investor on an empty lot already zoned for 50 manufactured homes and an area for storage units, etc.
Kyle Pierrehumbert
People not applying after positive tours
7 April 2024 | 9 replies
I know my unit is priced competitively and the showings go great, I have gotten great feedback on the property.
Pete Harper
Six Unit Apartments in small market
5 April 2024 | 0 replies
Investment Info:Large multi-family (5+ units) buy & hold investment.
Robert Zajac
1st investment property! MF property in Granville OH between 4 investors!
7 April 2024 | 0 replies
Investment Info:Small multi-family (2-4 units) buy & hold investment in Granville.
Susan Authement
Credit Score 400;s, no job, no home and no end in sight. How I am reversing it all
8 April 2024 | 0 replies
I continue to pay large amounts to principal from my person funds each month and also all the rental units .. according to my calulator i used this will pay off the first mortgage very quickly, twice as fast as the Heloc because the interest rate is very low.
Sushree Mohanty
Guidance needed on first STR investment - location, identify deals etc.
7 April 2024 | 29 replies
I'm not sure if you are financing, but if you are consider multiple units.
Travis Andres
Curious about the 70% Rule for analyzing a BRRRR
8 April 2024 | 9 replies
Fannie Mae/Freddie Mac will do 75% LTV for SFH or multifamily of 1-4 units.
Sabrina Savillo
Should I keep rental or sell and buy 2
8 April 2024 | 8 replies
I think there are other options at play with a potential cash out refi, acquiring a 2nd property while keeping the 1st, or even selling to acquire a 2-4 unit property instead of single family.
Joe Butcher
Hotpads SCAM!!!!!
7 April 2024 | 34 replies
Now, you want to use Postlet to create an ad for one unit of that property.