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8 July 2020 | 23 replies
Might have run out of money after installing new HVAC, Updating Electrical, New water heater, Paint, 1 side of vinyl, etc.Rehab Needed: $25k (I am figuring $35k to have a cushion)Scope of Work: Update Flooring with LVP, Update Kitchen with new cabinets, countertops, appliances, paint inside and out (interior does not need paint but has outdated color), update baths, install vinyl siding on 2 sides (2 sides already have vinyl), Replace Windows, Install new entry doors, freshen up the landscape.
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20 March 2020 | 3 replies
Realtors get comp requests all the time from people who probably wont ever buy anything, and because we're not paid by the hour many may turn you down, but find a competent realtor that knows the market well and offer them a few bucks almost like a retainer to run comps and provide market data for you.
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22 March 2020 | 9 replies
I had to go file a deed in person last week in Durham county and now on another transaction the seller I'm buying from is having to go to the courthouse to collect the data the attorney needs to close our transaction.
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15 March 2020 | 5 replies
Higher barrier to entry?
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16 March 2020 | 1 reply
If this is something you would like to schedule, please let me know.https://www.biggerpockets.com/forums/92/topics/808479-rent-to-retirement-experienceshttps://www.biggerpockets.com/forums/92/topics/518583-feedback-on-renttoretirement-and-zach-lemasterhttps://www.biggerpockets.com/forums/92/topics/765347-rent-to-retirement-reviewhttps://www.biggerpockets.com/users/ZacharyCole/referenceshttps://www.biggerpockets.com/forums/12/topics/533693-anyone-worked-with-renttoretirement-turnkeyhttps://www.biggerpockets.com/forums/92/topics/581730-rent-to-retirement-zachhttps://www.biggerpockets.com/users/ZacharyCole/referencesI think a TK property really makes sense for an investor that is looking for an easier entry point to getting started in building their investment portfolio in different markets where the cash flow is attractive.
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16 March 2020 | 2 replies
In commercial, the BRRRR takes longer as most banks won't let you refinance in six months as they want a year or two of trailing data.
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15 April 2020 | 8 replies
While I love it here in South Florida, I would like to get started in a lower-cost-of-entry market.
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17 March 2020 | 1 reply
I am looking to finance small BRRRR as my entry point.
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16 March 2020 | 6 replies
Hi I'm new at FL. so I would like to get data from you guys.My and my wife have a pre approved loan for a 1 to 4plex/ 20%Down Payment/ $3.5mdd max.For what I see there are many options , but I'm not sure where to start.
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26 July 2020 | 30 replies
This will also free up cash for entry-level flips and rentals that may become available as boomers and silent gen folks fail to weather the storm and their kids don't want their houses, so allowing us greater flexibility over the next year to snag these.