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28 January 2025 | 4 replies
Reno Scenerio Off Market Purchase Price - $185k ARV = $315-335kReno - $55-65kHolding - $10kClosing both ends - $25k= $335 , $315-$285 =$30-50k gain As-IS Scenario Purchase - $185kSale Price on MLS :$225- $235kClosing both ends - $20kHolding - $4k= $235 - $209 =$16-$26k gainIn both scenerios I’ll be 1031ing it into a new investment.
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10 February 2025 | 24 replies
Not wanting to sound like an attorney, but companies like the teaser because they are on firm legal ground: so long as company clearly tell consumer prior to purchase when they must cancel by [knowing statistically enough will not comply in time to make the teaser marketing profitable] be it rebates on computer software that many folks will fail to mail in, or real estate CD w/â€mentoring†or whatever that some unfortunate folks will not timely cancel, or Chrysler minivans forget to return….Legrand was very ethical each time I or my partners have tried his teasers [no Mr.
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9 February 2025 | 4 replies
In Cleveland you could also purchase a property in an area that is improving or on the border of one.
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17 January 2025 | 23 replies
It will take time to build a dependable and reliable network of licensed professionals you can trust.
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19 February 2025 | 11 replies
.- **Scaling Can Be Tricky:** FHA loans are typically for primary residences, meaning you’ll need to strategize if you plan to purchase additional properties.Thinking through financing options and backup plans before you buy is essential.### 5.
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31 January 2025 | 6 replies
Hello, I am new to the BiggerPockets forum and looking to purchase my first investment property this year.
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19 February 2025 | 7 replies
Hi Yinon, Most DSCR lenders will not typically require you to have a lease in place if the property was recently renovated or purchased.
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9 January 2025 | 4 replies
Section 8 can be a profitable and reliable resource but it is 'their ball, their court' so know the rules first.
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19 February 2025 | 7 replies
Examples of lists: lis pendens; homeowners who purchased before 2015; for-closure list; probate; to name a few.This is a numbers game so you'll want to build out a sizable list in order to have good lead flow.
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4 February 2025 | 0 replies
Purchase price: $100,000 Cash invested: $35,000 Sale price: $270,000 Hey BiggerPockets Community,I recently updated a multi-family property on a tight budget and significantly increased its value.