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16 March 2019 | 9 replies
I've learned from some very successful investors and after trying different methods I've had great success getting huge discounts telling motivated sellers that I have the money already at title and can close as fast as title can move.
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19 March 2018 | 2 replies
Hey @Wesley Mitchell ,Sounds like you're indirectly pursuing the BRRRR method; acquire a property, improve it, then refinance and get your money back (in this case it'd be 75% of the ARV after improvements) This would help you keep the house as well as attaining funds for your next investment.https://www.biggerpockets.com/renewsblog/category/...
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20 March 2018 | 22 replies
They both insist that there are creative ways to structure this deal so that me and my mother can LEGALLY , and secured by CONRACT, be able to collect the net proceeds, and split it 50/50 as her and I agreed from the start.One of the proposed arrangements I researched and sought legal consul for, and am fairly certain would in fact still be an act of fraud.A broker brought in an investor who proposed the idea of purchasing the Mortgage Note, and giving us the difference, secured of course in advance by a contract where we would agree to forfeit the Security(house) once the note was purchased.
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2 April 2018 | 37 replies
Not only will this put more money in your pocket, but depending on your goals, you can paydown the debt far faster with this method.
23 March 2018 | 13 replies
I had a applicant like that who started demanding repainting the kitchen because they didn’t like the color, demanded I lower my security deposit as they felt it was unnecessarily high and wanted a bit lower rent because it was off season.
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22 March 2018 | 6 replies
Good afternoon,A little confused on the Kentucky law for security deposit.
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29 March 2018 | 5 replies
Some method of owner financing?
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28 March 2018 | 18 replies
I just recently moved to Los Angeles and was planning on doing this method later this year with some kind of Multi-Family property (2 - 4 units).
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23 March 2018 | 19 replies
They don't require any particular method, but they do require it to be accurate.
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22 March 2018 | 3 replies
Michael Kiley 30% is achievable realistically by applying the BRRRR method over and over.The downside of that is that it takes time to buy, renovate, and refi.