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3 October 2024 | 15 replies
You can often secure a loan based on the property's value rather than your financials, making it easier to get approval quickly and move on deals like the one you found.Using private money can help you fund the purchase and the rehab costs without tapping into your home equity or savings, which gives you more breathing room and allows you to focus on the project.If you’re interested, I’d be happy to walk you through how private money lending works and how it could help with your current deal.
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3 October 2024 | 7 replies
I also get a lot of calls from the yard sign in the front yard of the rental property I’m listing.
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1 October 2024 | 13 replies
The property types I'm most interested in are: Small (2-4 plex) and Large Multifamily.
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1 October 2024 | 6 replies
Thinking to offer seller financing to increase interest in the property and I like some of the advantages of seller financing.
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1 October 2024 | 8 replies
I now have to have the entire property tested.
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1 October 2024 | 6 replies
I've been buying and holding for SFH's rentals for 15+ years, but my goals now are Cash flow (70%) and Appreciation/Equity (30%) so I can invest faster/grow more in shorter periods of time.I ran this: View report on BP as a really rough test for investing in this property (3-plex, but also offers an attached 3-plex for consideration).
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20 September 2024 | 1 reply
Those all seem to be common pain points for owners.
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1 October 2024 | 1 reply
A mentor of mine with 400 units told me I can use a large seller credit to cover most of the down payment on a property I'm looking at.
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1 October 2024 | 7 replies
Definitely hire one for a property damage claim, auto claims its not necessary.
1 October 2024 | 10 replies
Rental property valued roughly 370k, I owe 160k and a 40k balloon on it.