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3 May 2024 | 11 replies
As my current property management contract is up for renewal and also my tenants leases is ending by end of this month, I reached out to them for new offers.
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3 May 2024 | 33 replies
Third, as suggested, there may now be restrictions on double closes in some states.The most innovative way to wholesale is with disposable LLC's, where you create LLC's for the purposes of making offers under.
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3 May 2024 | 14 replies
I am new to investing in San Antonio and just made an offer on a 4-plex.
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3 May 2024 | 2 replies
You can also ask for a 'Seller Credit" which helps cover closing costs or buy the rate down if you come in high enough on the purchase offer.
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4 May 2024 | 6 replies
It should give you pause that a sub-100k duplex is hard to sell, while 300k duplexes receive 15 offers in 24 hours.
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3 May 2024 | 7 replies
Offer to cover 3% of closing costs since you’re saving that in realtors fees.
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3 May 2024 | 17 replies
Our lender offers nothing.
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30 April 2024 | 6 replies
I put an offer on a property.
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3 May 2024 | 23 replies
"Regentrification" to me is when a City, Mayor's Devenlopment Council, offers Tax breaks etc. for Builders to build "affordable housing" in the run down neighborhoods where I would never want to own anything.
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3 May 2024 | 12 replies
Example belowwe found a house for 900 a month rent Asking price was 59900. taxes 1400, insurance 800, renovation budget 25k mostly cosmetic and minor fixeswe went into it expecting a 15% return on our cash out that gave us a expected cash out loan around 75k to get our 1.4 dscr When we plugged our numbers we could go over 47k on our offer to make the deal work we offered 43 and got counter 47,5 we took the deal assume a slightly lower 1.38 dscrthe key is to scale and be selective on tenants AND not allowing pets (you can offer them but suggest crazy fees to cover yourself) 500 pet fee, 25 a month per pet etc.