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25 June 2024 | 0 replies
Purchase price: $25,000 Cash invested: $20,000 Sale price: $82,000 Contributors: Peter Vekselman Partner Driven, in collaboration with Mike & Laurie, successfully completed a fix-and-flip on Peter St, Duquesne, PA.
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24 June 2024 | 8 replies
While we have liquid to do a 5-15k downpayment, we'd like to use a minimal amount of our own money.Seller is not in need of a lump sum of cash, and has said they would be open to monthly payments as a financing option.
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25 June 2024 | 0 replies
Purchase price: $300,000 Cash invested: $20,000 Sale price: $465,000 Contributors: Peter Vekselman Partner Driven, in collaboration with Seth Choate, successfully completed a fix-and-flip on Jenner Cir, Modesto, CA.
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25 June 2024 | 6 replies
Unless you have a boatload of cash and experience, you aren't going near foreclosures.
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25 June 2024 | 3 replies
While your property management companies provide monthly statements, having a dedicated account will make it easier to track transactions, verify statements, and manage cash flow.
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21 June 2024 | 4 replies
Approaching the end of my first BRRRR (rehab to be done in 2 weeks) and I'd like to reward my contractor with a cash bonus; I'm wondering what an appropriate amount of money is to give him.
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24 June 2024 | 4 replies
Last year we were able to connect an investor of a coastal six plex with our personal credit union and due to strength of borrower and property, they provided a non-member with a 25% down mortgage with a 25 year amortization on a property the seller was requiring 'cash only' due to the presumed challenges of multi family financing.
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24 June 2024 | 1 reply
Purchase price: $25,000 Cash invested: $5,000 I bought this property in a package of 4.
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24 June 2024 | 5 replies
That property would never cash-flow with today's interest rates.
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24 June 2024 | 20 replies
You are buying the property with a cash flow-that's great!