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23 April 2024 | 8 replies
That said, we don't need to be next to family but being somewhat close by has advantages so those places are favored somewhat.The strategy is to buy, househack a value-add multifamily for 2 years then rinse and repeat until we can build up enough capital to either start developing, move to larger multifamily or the wife wants to start a senior care facility.
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21 April 2024 | 1 reply
Everything is 1 yr. old lightly used in great working conditions.
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23 April 2024 | 5 replies
DSCR Loans are going to be standalone 1st liens too (in addition to can't be used on a primary) - you should look into a HELOC or closed end second potentially
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21 April 2024 | 8 replies
Light Cosmetic($40-$50 x Sq.
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24 April 2024 | 7 replies
I see you're also in CA fairly close to Valencia, you do your SF deals in CA or OOS?
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23 April 2024 | 1 reply
In addition, the buyer's closing agent may balk at it if they know you prepped it yourself or scrutinize it more closely. 2.
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24 April 2024 | 36 replies
It amazes me how many times I see REI OK with a property that has negative CF (meaning the cost of that property keeps adding up, and profit never happens), or the payback period to cash recovery hovers close to 20-30 years...then they justify it by saying the property will appreciate over that time period, so that's OK.
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24 April 2024 | 27 replies
What is great about my location is that I am close to Damascus, VA.
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24 April 2024 | 10 replies
It's all available public information.He is pushing buying properties for full asking price and using gap lending "gator lenders", (unsophisticator investors), to lend the money for the deal to close.
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22 April 2024 | 15 replies
Having a paying Tenant is great and shouldn't be dismissed lightly.