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10 June 2024 | 15 replies
Alternatively recognize the challenges of being cash neutral at high LTV, the benefits of no longer paying a LL rent, that rates may lower such that you can refi, that over long term there will be appreciation and rent growth so it will at some point have positive cash flow, etc and lower your initial goal of cash neutral.
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11 June 2024 | 5 replies
I mean the rehab would have to be fast and then it would have to go under contract in like a few weeks b/c it will take a month to close that exit sale.In the market they would get 80% leverage at 12% with 2 points and like a 1500 admin/service fee.
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10 June 2024 | 3 replies
Hi everyone, I’m reaching out to the BiggerPockets community to try and find an attorney that has a lot of experience closing subject to deals.
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11 June 2024 | 0 replies
By being knowledgeable of the law, carrying out careful due diligence, and resolving conflicts tactfully, businesses can successfully close deals and protect their legal interests.
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10 June 2024 | 2 replies
You are having close contact with any realtor in Rotonda?
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10 June 2024 | 30 replies
It's something Jerry Norton released recently to the public to pull data.Did some quick data comparisons for fun between 2 other platforms I currently use - PropStream and MLS (I'm licensed in Florida)I specifically searched for a handful of On-Market properties (active/closed transactions) and noticed the following:- You can't search for specific properties on PropWire- PropWire data isn't up to date (30+ day discrepancy) compared to PropStream; neither is up to date compared to MLS (3rd party data providers hardly ever are)- PropWire estimated value vastly different from PropStream value (50k+ difference in most instances)- No property photos (yet)Initial thoughts: It's a brand new tool and can't imagine it was gonna be great out of the gate.
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10 June 2024 | 2 replies
What a day it’s been, I’ve officially closed on my first rental property!
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8 June 2024 | 3 replies
Hello everyone.I am set to close on my first property (4plex) and am looking for advice on rehabbing the place.
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11 June 2024 | 7 replies
Once you sell you get 45 days to identify a replacement like property and then 135 days to close.
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11 June 2024 | 15 replies
So down payment with closing was around 85k.