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30 April 2024 | 43 replies
You could consider house hacking though, this will allow you to live on your property while the rental income helps cover your mortgage and potentially generate additional cash flow.Another option is to start small with a single-family home as it typically requires a lower down payment.
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29 April 2024 | 3 replies
If the seller is not liquid enough to provide a loan, they could attempt to find another financing option for the buyer.
29 April 2024 | 248 replies
But ask, what's tied at the hip to those in CRE of "power" but, without that "juice" to get bailed out?
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28 April 2024 | 11 replies
Aside from the umbrella coverage, you can do everything in your power to make the property safe.
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29 April 2024 | 9 replies
Some cons: no equity when you purchase, some times you will pay more than the property is worth, long waiting list, low inventory, and lower cash flow.I tend to lean towards advising investors not to go the turnkey route but if you have access to a lot of capital and have very little time then turnkey is going to be your best option.
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29 April 2024 | 14 replies
As I'm sure you've noticed the options, ideas, and opinions are endless!
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28 April 2024 | 20 replies
No lender is going to risk their own borrowing power on an already great performing asset.
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29 April 2024 | 9 replies
I do not recommend printing them from Canva since the binding is cheap and I wasn't pleased with the quality of that.I highly recommend having a digital option as well, so your property stands out.
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30 April 2024 | 13 replies
Another option would be to hire some day laborers to help out.As I mentioned, the work doesn't require much technical skill (and there are probably lots of useful how-to articles and videos online), it just requires a lot of muscle and physical labor--it's a job where many hands make for lighter work.I'm in your area, so, after it's dried out, if you want me to come take a look and discuss the possible causes and solutions to prevent further flooding, dm me.