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29 March 2024 | 5 replies
There are many sellers right now testing the waters with prices that typically don't make sense with today's rates.That being said, there is also a psychology behind pricing properties to create true interest and demand.
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29 March 2024 | 1 reply
Navy Federal, as an example, needs a long time to close and requires tax returns, but has a 20 year draw and a 20 year payback period…takes much longer than others, but that payback period is amazing.
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28 March 2024 | 3 replies
My question is If my wholesale deal is in for example Baltimore Maryland, can my title company/closing location be at a different city?
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29 March 2024 | 3 replies
For example, your husband hires a day laborer to work and they get injured.
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29 March 2024 | 17 replies
From what I have read on the BP forums on this topic it seems as if your best bet of achieving this is going through a smaller bank and not your typical larger national banks.
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29 March 2024 | 25 replies
For example if a agent stands outside a open house, you approach them, they show you the property and makes a offer, it automatically binds Agent-Client relationship although there was no specific contract entered between parties.Quote from @Khalid Bryan: @Joseph Weisenbloom has it been fully executed?
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29 March 2024 | 7 replies
For example, we (myself included), have a pretty strong base of flippers looking for deals they can buy, renovate, and resell.
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29 March 2024 | 3 replies
By way of example most AIA contracts will require ADR which may not necessarily be advantagous for the property owner depending on the venue and make up of prospective juries.
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29 March 2024 | 8 replies
@Hussein MyrBanks typically do not give loans against LLC investment companies.
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28 March 2024 | 14 replies
:Class A Properties:Cashflow vs Appreciation: Typically, 3-5 years for positive cashflow, but you get highest relative rent & value appreciation.Vacancy Est: Historically 10%, 5% the more recent norm.Tenant Pool: Majority will have FICO scores of 680+, zero evictions in last 7 years.Class B Properties:Cashflow vs Appreciation: Typically, decent amount of relative rent & value appreciation.Vacancy Est: Historically 10%, 5% should be applied only if proper research done to support.Tenant Pool: Majority will have FICO scores of 620-680, some blemishes, but should have no evictions in last 5 yearsClass C Properties:Cashflow vs Appreciation: Typically, high cashflow and at the lower end of relative rent & value appreciation.