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21 February 2025 | 4 replies
Why do you think purchase contracts are so long and have such small print?
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5 February 2025 | 8 replies
Buy: $284,900Rehab: $115,000Holding: $16,500 Points: $3,413 Selling fee: $30,000Insurance hold: $2,000-$2,500 (maybe get back $1,000-$1500 if you close quick)Other title/escrow purchase: $2,500ARV: $500,000Profit: $46,587 (9.25% approx) I would do the deal, especially if you get that gap for rehab closed 3-4 months and tighten up the rehab costs too ($100,000)
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8 January 2025 | 12 replies
Im looking at purchasing a duplex in middletown, Ohio.
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20 February 2025 | 18 replies
It depends.On the property, the location, purchase price, demand in the location etc.Yes you can make it work but you must do your do diligence and run the numbers.
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17 February 2025 | 8 replies
We purchase a property March 2024.
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5 February 2025 | 14 replies
You are not allowed to compound interest.If you bought the certificate from the state on a best price offer, you charge interest on your purchase price, not on the full amount of the taxes that were due, but were not paid by you when you purchased.After you obtained your tax deed, you are entitled to something called "mesne profits" if you file an ejectment lawsuit against the former owner and they redeem during that lawsuit.
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20 February 2025 | 23 replies
There are some amazing physician loans available that can allow you to purchase a owner occupied single family property with 0% down.
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28 January 2025 | 11 replies
Consult with an attorney to provide a purchase and sale agreement in your respective state with an assignment exhibit included.
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20 February 2025 | 7 replies
@Rebekah Shields why didn't your pre-purchase inspection find the foundation issues?
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3 February 2025 | 26 replies
You can also do up to 85% LTV on a purchase.