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13 November 2024 | 8 replies
There are several great ones in Dallas, but I'll bet these days most want you to have some skin in the game, so no 100% financing and also financing of renovation costs.
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20 November 2024 | 11 replies
You will not see $1.3M you will only clear the difference of that 25% ($325K) minus taxes, Seller/Buyer fee's, attorney fee's might leave you with $180k amount split 2 ways so $90K each.You could take out a Heloc and pay him to walk away from the home so you can turn it into your home plus rental.
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26 November 2024 | 25 replies
As a real estate agent you will be in a position to find good property managers for when you leave.
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13 November 2024 | 8 replies
If you don't pay he gets the park back and your asset.That would put me at more ease, knowing that you have skin in the game, and are going to pay me.Gino
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19 November 2024 | 7 replies
In my experience, the turnaround time is fairly short and can be done in January/February and still leave enough time for your accountant to file taxes.
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21 November 2024 | 12 replies
The idea of letting someone bring their own RV, live in it a week or three, and then leave with it and their mess is great.
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19 November 2024 | 6 replies
I'm not going to hold a tenant hostage or make them pay rent if they finished their work contract early and need to leave town.
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21 November 2024 | 20 replies
Monthly cash flow, retirement, leaving your job.
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16 November 2024 | 14 replies
They want an investor to have some serious skin in the game.The other option would be to wholesale this opportunity to somoene and make a few bucks to save so you have some money for a downpayment in the future.
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18 November 2024 | 11 replies
The higher you go in price, the ratios get too hard to make it work without leaving as much money in the deal as you would a standard down payment.