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28 January 2017 | 21 replies
Is that because of your good location or should I forget single families and go multi?
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15 September 2016 | 12 replies
I've done multiple single family homes in Texas which is where i grew up but I now live in Washington.
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24 September 2016 | 23 replies
I do have a very recent comp that was actually a flip next door to go by, so I want to get as close to their unit as I can so I can list at the same price, that unit was a 3/2.5 with 140 more sqft and single floor plan, so more open and spacious.
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16 September 2016 | 6 replies
For interest sake and possible future reference also have a look at Sustainability Products ( they are located in Kraaifontein, Capetown...not to far from you).
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26 September 2016 | 5 replies
I found a Single family house I want to purchase.
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26 December 2016 | 19 replies
This may be a long post, but I thought it would be good to walk through everything step-by-step, and explain my thinking along the way.If you want to stick with me through it all, here we go:I was not going to be getting a conventional mortgage for my first property for a number of reasons.First, I am still annoyed at the hoops I had to jump through to get a mortgage for my primary residence.Second, my liquid cash was on the lower end.Third, the properties that I would need to start out with would not be financeable anyway.Fourth, my DTI is on the high side, due to the decision that we made to take out a HELOC to complete interior improvements on my primary house.So, I decided that my path was going to be to form a single member LLC, and take a loan from my 401(k) at work to finance the down payment.Since I do not view the 401(k) loan as a long-term solution, I am treating like hard money, and pay it off ASAP.So, my first deal would be a flip, or a rental that was such a good deal, that I could re-fi out and pull all my cash out.I decided to reach out to the commercial lending department of the local credit union, which I am a member.The person I talked to (who became my lender) is fantastic.I told him what types of properties I was looking for, and that I’d look to turn them into rentals, or to flip them.I will never forget his response, which reminded me why I love this credit union.He said:“Typically, the deals you are talking about are much smaller than the deals we like to do.However, we also realize that you can not get to that level unless someone helps you get there.So, if the numbers make sense, we will see if any of our products fit.”Awesome!
7 May 2018 | 10 replies
Is anyone still available to talk about Single Family homes in Inglewood?
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19 September 2016 | 9 replies
I was wondering if I could also do this with a single lease.
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15 September 2016 | 1 reply
I purchased my single family home a couple of years ago and since have it rented out.
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26 September 2016 | 6 replies
Single-family, duplex, multifamily?