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28 April 2024 | 19 replies
As far as your repair, find & fix the leak, cut out the bad spot & replace.
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28 April 2024 | 3 replies
What market can I see any return with 70k down I look in a lot of places and hardly see any deals where would you guys recommend to invest with that amount down?
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28 April 2024 | 17 replies
DSCR lenders will have different rules on seasoning (i.e the amount of time between when you bought the property vs. when you closed on the refinance) for how much cash you can pull out and whether or not the appraised value, as opposed to the cost basis (purchase price + rehab costs) can be used to determine the loan amount (i.e LTV * appraised value = loan amount).
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29 April 2024 | 9 replies
If you miss something, you either take a pay cut or have to go back and fix it or both.I started doing it part-time while in school and couldn't make it to most appointments because they were during the day when most people are at work.
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28 April 2024 | 1 reply
Does this mean there is no downside to listing it for the maximum price of $4313 per month since the tenant would likely be paying the same amount no matter where they chose to live?
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29 April 2024 | 20 replies
Good advice from @Nathan Gesner and Account Closed Also bear in mind that if you can find a current deal that makes sense, and will generate even a decent amount of cash flow right now.....then you can just about count on it doing very well once you are able to refinance.
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27 April 2024 | 6 replies
Let's dig in to the answers on a few of these that sparked further conversation and discussion between my client and IProof of rent paid & method of paymentWhen the seller provided "proof" of rent paid, as well as the method of payment, we found the seller was collecting significant amounts of rent in CASH every month.
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30 April 2024 | 21 replies
Access to high amounts of capital is a bit broad, and not helpful with this loose definition.
28 April 2024 | 4 replies
A contract for deed doesn’t transfer legal title, it’s a contract that states title WILL BE transferred when the loan is paid off, or a specific amount of equity is accumulated in the property.
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28 April 2024 | 22 replies
Hey Ryan, if you're considering between other states I would check out Cleveland, OH.It's a great opportunity for fix and flips and turnkey opportunities.