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27 June 2024 | 1 reply
I would love some advice on trying to navigate this if anyone has purchased a property like this before and wanted to know what are the major things I need to be concerned about.
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27 June 2024 | 0 replies
Purchase price: $52,000 Cash invested: $14,700 Sale price: $127,000 Contributors: Peter Vekselman Partner Driven, in collaboration with Mike Vasbinder, successfully completed a fix-and-flip on Turner Dr, Blairsville, PA 15717.
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28 June 2024 | 46 replies
Good day everyone, would anybody be interested in a tax deed I purchase in Lipscomb.
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27 June 2024 | 0 replies
Purchase price: $128,900 Cash invested: $50,000 Sale price: $310,000 Contributors: Peter Vekselman Partner Driven, in collaboration with Ron Rowan, successfully completed a fix-and-flip on Wren Ct, Griffith, IN 46319.
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24 June 2024 | 3 replies
Hi Chandana, More information would be needed to determine if this is good terms or not.
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27 June 2024 | 17 replies
The problem with a refi appraisal is there is no purchase price the appraiser can target, so they will always be more conservative and aim low.Bottom line: I would absolutely invest in a mini-split systems.
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27 June 2024 | 1 reply
Purchase price: $295,000 Cash invested: $10,000 Sale price: $400,000 Contributors: Peter Vekselman Partner Driven, in collaboration with Harvey Boyd, successfully completed a fix-and-flip on Crossfire Dr, Covington, GA 30014.
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24 June 2024 | 0 replies
The Federal Housing Finance Agency (FHFA) gave conditional approval on Friday for a pilot program allowing Freddie Mac to purchase SFR closed end second mortgages.
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27 June 2024 | 3 replies
Then over next 2 years you pay down the remaining 70% of the purchase price?
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27 June 2024 | 10 replies
Here are some additional activities that count, toward real estate professional and material participation hours.Research market for real estate transaction opportunities; current office market rates; terms of financingMaking offer contracts for properties that you end up buyingNegotiation for acquisition of rental properties that you end up purchasing; including directing due diligence and managing financial projections/business plansObtaining financing for properties that you purchaseProperty inspectionsAdvertisingMeeting with Prospective Tenants/showing properties to prospective tenantsNegotiate, obtain, & review proposals and contracts with vendors (insurance, utilities, etc) for property servicesReview and Negotiate The Terms of Sale AgreementsStaging and Decorating3rd party contractor, vendor, or service provider supervision