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11 April 2024 | 0 replies
Saved it from tax sale and created a low entry fee for the new buyer What was the outcome?
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11 April 2024 | 2 replies
I would suggest Home Depot, Lowes, Menards, Floor and Decor, other flooring distributors in your area, etc....
11 April 2024 | 4 replies
Then, when someone goes to get financing for the asset, the house appraises low, and since the lender is forced to lend off the lower of the appraised value and purchase price, their loan amount must drop and the down payment increases.
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11 April 2024 | 9 replies
If you want to value add you are better off with a structurally sound unit that is priced low and you can rebuild from the ground up front loading the risk.
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11 April 2024 | 3 replies
It’s an open end mortgage or a.k.a debt just like a credit card.
10 April 2024 | 13 replies
I noticed on the forums that many landlords do not find Zillow background check and credit check reliable.
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11 April 2024 | 2 replies
I have good credit, but not sure how to obtain financing with my current income so I am looking for financing options that don't require me to provide 2 years proof of income.My current plan is to do the following but would like a professional opinion before proceeding.
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11 April 2024 | 31 replies
But the value that can be added in high value markets is greater than in low cost markets.My last value add (purchased Dec 2021) was purchased off market at $2.25M and was appraised at purchase at $2.5M for the loan (so on purchase I "made" $250K).
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12 April 2024 | 13 replies
I have a 4,200 Sq ft multifamily off market deal I'm trying to offload in Cullman AL for a low price just because I'm going through a divorce and needing to get rid of stuff.
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8 April 2024 | 0 replies
Social security told me I was short 90 days of work credits to draw my benefits and denied me.