I’m hoping my story will lead to some great connections here and maybe help a few people in the process.

Hard money loans can facilitate faster closing times compared to traditional financing, allowing you to secure and renovate properties quickly.

Take advantage of these connections, learn more, and then take action. 

Hi everyone, I'd like some advice if you wouldnt mind chiming in.After closing on our third home, where would you suggest we focus our future on?

. - If the seller is desperate to close (due to health issues, family problems, liens, etc.), they may agree to Seller Finance the small amount in order to ensure the deal makes it to the closing table. - You're minimizing how much is coming out of pocket when closing arrives. 

And at the same time as you mention the cost is close to the same as Boston and you don't make as much $ as a developer. 

Hi Account Closed,Purchasing a pre-construction condo in Miami for the purpose of short-term rentals (STR) is a lucrative one given Miami's unique position in the global real estate market.

If the HELOC amount you're requesting is relatively low (often below $100,000), lenders might waive the full appraisal.Drive-By Appraisal : Instead of a full interior inspection, a drive-by appraisal involves the appraiser evaluating the exterior of the property only.Desktop Appraisal : This type of appraisal is conducted remotely using data and photos provided by the homeowner or real estate agents.Based on the little knowledge that I have about stuff like this it sounds like you need to connect with existing lenders in your network or find new lenders in your network that have programs aligned with your goals.

We negotiated the purchase at $115,000 by leveraging our market knowledge and emphasizing the quick, cash-based closing, which appealed to the seller’s need for a fast transaction.

If the renovation cost makes the total purchase creep up very close to the new build, I think it's a no brainer.