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7 March 2024 | 27 replies
No discounts there.If it was a ground level addition, I personally wouldn’t blink much.
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9 March 2024 | 21 replies
With that kind of acquisition strategy, it might benefit to utilized a delayed purchase because most lenders struggle to underwrite deals in the span it takes for the auction to close.If you do it delayed, you can stay mostly liquid, then follow up the purchase with essentially a cash out refinance of the purchase price with rehab funds being put into an escrow account as well.Would be happy to explain further, but my clients that operate that way tend to prefer that method to keep getting their cash tied up too much. please explain further sounds phenomenal Jacolby,You purchase 100% in cash, then you do a refinance of the purchase price (usually about 80-85%) and treat it like you would if you were 'purchasing' the property again (so downside is additional closing costs) and add the rehab escrow to reimburse for the rehab being done.
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7 March 2024 | 5 replies
Hello all,If I were to consider house hacking in NYC, what type of cash flow do you believe I would be able to receive?
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8 March 2024 | 77 replies
I just received an email from support stating that my refund had been processed so I should see it soon.
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7 March 2024 | 5 replies
I receive almost daily communication on the status of my portfolio, units, etc.
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8 March 2024 | 10 replies
The additional time to close will more than pay for itself in the long run!
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7 March 2024 | 38 replies
OMG we received multiple offers some up to 20k over our listing amount.
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6 March 2024 | 7 replies
We posted an RTO in South Carolina last week and received over 2,600 clicks on the ad!
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8 March 2024 | 13 replies
(Draw was 5k, you receive $4,801) This is standard practice that protects the lender from giving money for incomplete work.
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6 March 2024 | 5 replies
If the report indicates a failing septic system, this triggers additional county oversight.