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9 September 2024 | 5 replies
A house has come up for sale next door to one of their existing houses, and due to the convenience that would provide from an operational standpoint, they want to open up shop there.
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10 September 2024 | 0 replies
DSCR loans open up more opportunities for investors by focusing on the income potential of the property itself.Here’s why DSCR loans are a powerful financing tool for real estate investors:1.
9 September 2024 | 2 replies
That's up from July's 114k (which was changed to 89k).
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10 September 2024 | 2 replies
There's a misconception that builders are price gouging, but in reality, the price of a home is directly tied to the cost of building it.When material or financing costs go up, home prices follow.
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11 September 2024 | 15 replies
Adding your location on the thread might pop up some lenders that can assist.
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9 September 2024 | 14 replies
But the best ways to get started are, in my opinion: 1) save up enough for a 10-20% down payment and then save a lot more on top of that for reserves, overages, and any unforeseen repairs. 2) have your financial house in order and have credit above 700 to get more favorable rate and terms from lenders. 3) speak to a loan officer that is experienced with fix and flips and get the necessary documents together for a pre approval (typically not much required, usually a valid ID, LLC docs if any, and two months of bank statements showing funds for down payment and reserves).
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9 September 2024 | 1 reply
We are general contractors who rehab, build ground up, and do joint ventures with investors.
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9 September 2024 | 9 replies
I wound up going in a different direction and did not pursue the issue.Bill
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9 September 2024 | 12 replies
We do know that water will keep going up.
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9 September 2024 | 5 replies
But will you get a stepped up basis or owe 100% of the capital gains?