
11 December 2024 | 10 replies
Tearing down any rooms that are a little wonky before the appraisal.For example, I bought a HUGE (3300 sqft) 3 bed house.

10 December 2024 | 5 replies
* House is a 2699 sq/ft Single Family Residence| 3 beds, 3 bathroom | Built in 1956 | NO HOA * There is a chance I could pay only interests so I can start saving some cash for the incoming maintenance and annual payment equivalent to the 12 monthly payments (~$5,029.77 per year during the balloon period)The advantages I can identify in this deal for me are:* Lower interest compared with traditional loans* Lower down payment compared with the ones compared for traditional loans* House is technically ready to be rented (waiting for the inspection) * Forecast - 3 yr growth (appreciation) is expected to be 8.1 % (Bigger Pockets)The disadvantages I can identify: * I am still vulnerable to foreclosure if sellers don't make mortgage payments to the bank.* Refinancing issues at the end of the Balloon Payment?

13 December 2024 | 18 replies
Double his money on day one.

14 December 2024 | 22 replies
Just in the last 2 years, PadSplit has doubled the amount of units on the platform thanks to hosts like you.

11 December 2024 | 1 reply
Homes are double story standard homes with around 21-24 Squares.

12 December 2024 | 6 replies
If not fixed I have seen people sell for double what the work is because they need to take on the project once closed.

11 December 2024 | 14 replies
There are always exceptions as I have seen in the past some two beds and even 1 beds be opportunities.

10 December 2024 | 4 replies
Double check on permits if the previous owners has done a remodel.Do not rely on agents representation.Do not work with a dual agency as a buyer, the agents first commitment is to the sellers.Allow at least a year of seasoning before determining the profits of an investment.Happy to share.

17 December 2024 | 22 replies
I usually do double to triple checks on their properties and everything they have pitched to me and it checks out okay.