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10 February 2025 | 10 replies
We walked through a property that we went into thinking we were not going to like it and we ended up loving it and jumping on it pretty quickly after because the seller was getting other cash offers and the price/location/set-up of the property just fit our situation well.
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11 February 2025 | 11 replies
We have tons of new apartment complexes, so renting out apartments in quads is taking longer since they offer less amenities.
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19 February 2025 | 6 replies
They offer free pre-qualification on their website where you can enter your data points to see available terms and rates.
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19 February 2025 | 3 replies
do you have an offer from a builder currently and by builder do you mean your house is a tear down and rebuild.. or just a rehabber who is looking to rehab the home and flip it ?
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21 February 2025 | 6 replies
It’s still flying under the radar for a lot of investors, but the fundamentals are strong.Detroit offers:•Affordable Multifamily Options – You can still pick up 2-4 unit properties at prices well below most major markets, often with strong rent-to-price ratios.
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20 February 2025 | 5 replies
.✅ Equity Earn-In: Offer the seller a minority stake (e.g., 10-20% ownership) instead of cash up front.2.
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16 February 2025 | 5 replies
I would offer them cash for keys, or contact your attorney and start the eviction process if they decline.
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13 February 2025 | 2 replies
I like VAs for writing a bunch of offers - I am having my VA do offers, emailing lists, and texting lists if I can find a good text system where its allowed lol.
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14 February 2025 | 17 replies
There are companies out there that will offer 100% LTC but they will have a rate closer to 12%+.
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11 February 2025 | 5 replies
Quick question on those who have done seller financing:- Buying a 0.3 acre downtown fort lauderdale multi family, negotiated an around 1M price w lot of development rights, double lot. seller got it way back early 90s for pennies- got good credit 800+, w2 job etc put 40% down and mortgage bank offered 6.62% 30yr fixed (CF negative as this would make current rent roll not too much compared to the PITI)- property is in ok condition, needs 20-30k repairs which seller OKd, and all 3 tenants are month to month, pay bit under market but also ok- seller would like to do seller financing, interest only at 5.75%, 30yr amortization at 7yr balloon (CF would be positive) - id be paying some principal as well, just to grow some equity- buying this deal for the future development of the area (las olas, kushner broward crossing) so not really worried even if we overpay for it now, but never done creative finance as i always relied on a strong W2 job to get good loans but obv im used to 3% 30yr rates from covid times not this 6+ environment..Goal is to hold the property 3-5yrs, and then actually develop it or sell half the land / refinance, pull out HELOC if it appreciates.Questions:1) What does he know that i dont?