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22 August 2021 | 14 replies
When I repay my HELOC I'm essentially doing the same thing I would be doing by putting my cash in a piggy bank.I try and rapidly pay off my HELOC to open myself up for the next opportunity.
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12 March 2017 | 5 replies
In most cases when I see some body scaling up rapidly they are playing in C and D type properties, again don't get me wrong more power to you if you can do this but since I am a passive investor I prefer trouble free properties in trouble free areas.
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27 April 2017 | 37 replies
But as of right now you have 3 decision. 1.Hold the property longer and hope the Mt W market stays solid. 2.Lower the price to something that will sell rapidly so you can move to the next project.3.
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16 May 2017 | 7 replies
We invest in Grand Rapids area.
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15 August 2016 | 15 replies
I am not opposed to paying for education, but I'm not gonna blow my whole savings account so someone can tell me to clean up my credit, make a LinkedIn profile, and start wholesaling...I have a ton of POSITIVE energy, a rapidly-expanding network, and a boatload of leads... anyone interested?
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5 September 2016 | 6 replies
i bought the property middle of July, it is a flip, that's why i knew i could not do a 1031 exchange. my realtor / PM and another Realtor from the Firm have buyers that are interested in buying the place, the opportunity is there to make some quick money and i would like to take it. the home is in an area that doesn't and hasn't appreciated rapidly. right now the commercial loan i have is interest only for 12 months, then goes to a regular loan between taxes, insurance, loan, maintenance etc. my carrying costs would be about $2000 / month or $20,000 for the 10 months i have to wait in order to do long term capitol gain. then i would also have to worry if i can find a buyer then.
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9 October 2018 | 11 replies
( high crime, transients, d class etc)Is that a rapid growing areaIs this a B, C or D class?
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17 April 2018 | 13 replies
Also, I realize the system is different in every area which is why I posted this in a Grand Rapids specific forum - Do you have any actual local experience to add?
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7 April 2020 | 25 replies
Huntsville is definitely rapidly growing.
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31 May 2018 | 6 replies
That being said home values are approximately 8% higher nationally than at the last peak in 2006 and the SD market has been appreciating at a rapid pace since 2012.