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16 January 2025 | 4 replies
Appraisals, Lenders and Rates : Beyond the transactions that were literally in process (sales, listings, leases, seller carries) are properties that remain amongst vacant lots.
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12 January 2025 | 13 replies
Seller finance the property- ask for an up front, non-refundable down payment of $XXX (which could be used as his primary residence down payment), payments of $X over X years at X interest rate with a balloon payment in X years2.
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16 January 2025 | 6 replies
Include in your model rates going up by 2%, and just make sure you enough cash to cover.
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10 January 2025 | 12 replies
Rates are a bit higher but if you can leverage up to do more than 1 flip at a time, it will be worth paying the lender fees.
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15 January 2025 | 6 replies
., $300 for paint and supplies) and add a fair hourly rate for labor.
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31 January 2025 | 8 replies
This may kill your cash flow due to high interests rates though. 2.
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8 January 2025 | 34 replies
I do need a property that is not very expensive, which is why I have been looking into Clevland due to their low selling prices and high appreciation rates.
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9 January 2025 | 2 replies
Especially combined with the high interest rates right now.
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21 January 2025 | 8 replies
If you're comfortable living where you are, equity in your current property or your savings rate would be the two other ways to get your next one which is going to be much slower.
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9 January 2025 | 30 replies
The resident is great and the rent rate reflects that.