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3 September 2024 | 5 replies
You have the area experience and data to help you, but courthouse steps auctions are blind bidding (other than what you can find through the windows), all cash, 10 percent down at the time of close, and not always clear on all of the liens associated with the house (tax liens, HOA liens, utility liens, etc.).
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3 September 2024 | 5 replies
If getting the tenant out would kill the deal, would you keep the tenant ?
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4 September 2024 | 2 replies
I have recently done wholesale deals to build enough capital for down payment.
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6 September 2024 | 9 replies
Have just hired a bookkeeper and at first she questioned having so many accounts but is now finding it a simple way to deal with the complexity of the fact that I have 7 properties and in keeping track of everything.
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29 August 2024 | 3 replies
Plan to close LLC in 2024 or 2025.
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3 September 2024 | 11 replies
Without proof of income youll have to go with a subto or seller financing deal.
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2 September 2024 | 11 replies
Best of luck with this property, If it goes well you will be ready to refinance into a better rate and your next deal when ever we see better rates come back.
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3 September 2024 | 5 replies
I am an end buyer looking to buy 15-20 deals a year for flips.
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2 September 2024 | 16 replies
Our Lake House is close to Clemson and we have all the home game weekends sold out at our Lake House for top dollar, same as every year.
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4 September 2024 | 7 replies
I know that is tangential to your post, but there are pros and cons to just about all of these questions, and each sponsor will spin their answer to why it is better.I.e. track record: "we have an 7 yr track record, having sold 26 deals and averaging 28% net IRR to our LPs" vs "we have been in business 24 yrs averaging an 18% net IRR to our LPs, including 4 deals that lost money".