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23 October 2024 | 6 replies
Jordan I am an agent in a brokerage that specializes in investment properties primarily new build duplexes in Indianapolis.
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22 October 2024 | 1 reply
In many places the assessment process is done with limited and incorrect information in part because they don't have the right to enter a property unless the property owner chooses to allow it.
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22 October 2024 | 1 reply
I bought it sight unseen as I viewed it as a small development project, did my due diligence up front and didn’t really care about the state of the house.There were 5 offers on the property to which I ended up knowing a few of the other bidders.
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23 October 2024 | 6 replies
To start, get pre-approved for a loan, search for multi-family homes, plan commute, consider property taxes, leverage healthcare income, and build a local network.Good luck!
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23 October 2024 | 13 replies
@Kala SamuelTo start investing in real estate, define your goals and strategy, choose a market with job growth, population growth, and rental demand, finance your first deal with FHA Loan, conventional Loan, or Hard Money Loans, find the right property, build a support team, make offers, inspect the property thoroughly, and manage wisely.
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27 October 2024 | 24 replies
BS, those same deals stayed on your marketplace for months after you said they were taken down, and they were not even available anymore (a "principal wholesaler" in your marketplace even told me one of the properties was no longer available, and your team was CC'd on that email!)
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23 October 2024 | 1 reply
We also were able to take over the property with 20% of equity built into the deal, and it is newly renovated.
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14 October 2024 | 1 reply
Hey there, I secured a 10-acre property back in May that can be subdivided into two fives.
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23 October 2024 | 1 reply
I recognize that the CoC return is not as high as we'd like, but it does come with some built in equity (~$100,000)Details:- 3/2 Single family house (1487 sq ft) with a 1/1 ADU out back- Zipcode 78745- Purchase price: $469,900- Down payment: $50,000 plus CC (includes assignment fee)- Seller Finance $419,900 at 3.5% interest; 30 year amortization with a 15 year balloon- PITI $2744.02- Rental comps: $2667 for the 3/2; $1505 for the 1/1 - LTR according to BP (Total $4172)- Repairs needed - minimal, coat of paint and maybe swapping a window unit A/C for a mini split seems like a deal if the property is worth over $550k like you say it is.
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24 October 2024 | 14 replies
@Troy Bailey no we moved on because we got outbid to n the property.