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16 July 2024 | 0 replies
Purchase price: $176,000 Cash invested: $53,968 Sale price: $220,000 Want to share my first flip, project.
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18 July 2024 | 0 replies
An RV I had bought a year earlier with the promise of renting it out to justify the purchase.
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16 July 2024 | 1 reply
Purchase price: $293,000 Cash invested: $135,000 Bought this single family house, and I am currently in the process of renovating it.
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15 July 2024 | 0 replies
Purchase price: $157,000 Sale price: $260,000 First Purchase
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12 July 2024 | 8 replies
The loan consultant i met online referred me to this lender had a valid NMLS.
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16 July 2024 | 2 replies
Lastly, it's super landlord friendly and the price point for finding positive cash flow is still very low (you can still find tons of great deals for $120-180k purchase price).On the other hand, other Ohio markets like Cleveland and Cincy are dying if you look at their population and job growth.
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16 July 2024 | 6 replies
We double close if our fee is more than 20% of the purchase price because most hard money lenders will flag it if they see more than a 20% fee on the hud.
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14 July 2024 | 14 replies
@Rick AlbertPart of what is happening in Nashville is the increase in apartments coming online in the urban core.
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16 July 2024 | 3 replies
Here are the numbers on that deal: Purchase Price + Closing Costs (buy): 181,291$Total Rehab: 18,145$Holding Costs: 6,013$Closing Costs (Sell): 12,564$Sale Price: 220,053.42Profit/Loss: -7,939.41Key Lessons I learned: 1) Be wary sourcing deals from wholesalers.
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16 July 2024 | 2 replies
We purchased our primary property here in Hawaii in 2021 and have found immense benefit from the property setup which allows us to rent out our "ohana" unit (mother in law) which covers our mortgage costs.