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9 March 2024 | 2 replies
What made you interested in investing in this type of deal?
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9 March 2024 | 5 replies
There are a ton of local banks around me that offer owner occupied low downpayment loans but are portfolio lenders for these types of products meaning they hold the loan in house.
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9 March 2024 | 3 replies
It is listed on AirBnB and Furnished Finder - https://www.furnishedfinder.com/property/584674_1What made you interested in investing in this type of deal?
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9 March 2024 | 10 replies
If you look on AirDNA, you can see similar types of homes that can earn upwards of $35k-$50k/year in revenue on Airbnb.
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11 March 2024 | 21 replies
Unless you plan on purchasing the property with all cash; obtaining any type of financing for a property as a married couple will mean that both of your incomes and financials will be factored into the financing with conventional lending.
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9 March 2024 | 9 replies
I'd also suggest running some for-rent ads, to see what type of response you get.It's notoriously difficult to accurately predict ARV on these types of properties, because they're so niche, and the market for them is usually completely different than the market for more standard properties...For instance, a lot of lenders won't provide a mortgage on a property for less than $100k--and if that's the case in your area, that would mean that the only potential buyers for the property are cash buyers, which makes selling the property more difficult.
9 March 2024 | 0 replies
Purchase price: $260,000 Cash invested: $70,000 Sale price: $440,000 Triplex flip with a partner What made you interested in investing in this type of deal?
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9 March 2024 | 2 replies
Qualitative factors - new businesses coming in, types of industries3.
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9 March 2024 | 0 replies
Purchase price: $215,000 Cash invested: $75,000 Sale price: $385,000 10 weeks project What made you interested in investing in this type of deal?
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9 March 2024 | 0 replies
March 2022 Post reno appraisal = $190,000 What made you interested in investing in this type of deal?