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12 April 2018 | 3 replies
It allowed you to grow much quicker so it was a good thing at the time.
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16 April 2018 | 41 replies
Pros for cash buying:• You can often get the property cheaper because you can close quicker than someone attempting to buy with traditional fundings• You can do a cash out re-fi if you fix the property up and get it rented so that you can leverage that money on a new dealCons:• Your repair costs may be more than anticipated • Your money is now locked up in a deal and you may lose money if the deal goes south• Doing a cash out re-fi may take a while to get doneCash buying is a great way to employ the BRRR (Buy, repair, rent, refinance) strategy that is often talked about here on BP.
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19 April 2018 | 23 replies
Thanks for any help.First off, if you have a great deal and you’re a hard worker, the money will come quicker than you can spend it.Saving money and being frugal is fine, but least effective and boring for me.
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22 April 2018 | 9 replies
Others are, no doubt, more knowledgeable, and I’m sure there are quicker ways to go.
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19 April 2018 | 2 replies
Things move much quicker in a deal with no agent in terms of negotiations.
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24 April 2018 | 5 replies
Yes you'll use leverage to make up the debt difference but this time your back is covered with the bed rock of the cash properties.the quicker you can get your husband comfortable with your financial position the quicker he'll be out there hustling flips with you full time.
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23 April 2018 | 5 replies
I think it's fair to say that conventional loans are always cheaper in the long run but on the flip side if you can save 5-10% down payment you could buy more properties and increase your cash flow quicker.
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24 April 2018 | 19 replies
Yet this place has been listed off and on since last November... he said if I had any "other" buyers who could close quicker to let him know.
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25 April 2018 | 2 replies
Reason being all profits would flow back to them +5-7% interest is to entice them to invest and get their money back to them quickly so I get the equity quicker.
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27 April 2018 | 134 replies
There are certain breeds of dogs that are much quicker at taking on the alpha role, if the owner doesn't.