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8 June 2024 | 5 replies
If I rent it, it won't cash flow more than 2%, which is sort of ok as my goals is creating a portfolio of additional income for retirement (12 years from now) If I sell it I will likley lose a little money ($5-$10k) I Used a VA loan to purchase zero down and will be living in it for 24 months while I do the rehab.purchase price $330K, rehab $15k, Estimated ARV is $370k.
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7 June 2024 | 13 replies
Personally, I think they are very ugly and I really don't see how using them saves much (any) money unless you get them free.Finishes are the most expensive part of construction.
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8 June 2024 | 4 replies
I'm also looking at my Equity loan, saving money, selling the property if it is worth it, I had thought about a refinance.
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9 June 2024 | 50 replies
No one cares about your money more than you.
8 June 2024 | 40 replies
This is actually the hottest market in America IMO.With that level amount of money you have to play big and do NOT think small ( i am still small investor LOL)
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7 June 2024 | 10 replies
If you take that into consideration, you are losing money on the property.
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7 June 2024 | 17 replies
I’m curious to see if this is a loss cause or if there are ways to turn this into an opportunity to make some money.
8 June 2024 | 6 replies
Sounds like the place is going to be a money pit any whey
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7 June 2024 | 3 replies
Earn money, build your credit, save up, and invest wisely.
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8 June 2024 | 24 replies
It's a great way to increase your net worth and these loans can also be used to pull cash out of a property as it appreciates allowing you to reinvest money into new deals.Happy to connect to discuss further.