20 August 2024 | 13 replies
I'd like to take advantage of the last year where we can take a 100% deduction using cost segregation.
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20 August 2024 | 1 reply
Then financing for the horizontal ( toughest in my mind to get)Lastly vertical construction funding.and if this all lines up TIME most places its 1 year to 5 years to get a project approved and ready for vertical.
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20 August 2024 | 11 replies
I see your next availability is mid August, so I would expect to see more inquiries in the next 2 weeks.The low amount of direct inquiries from Furnished Finder is normal as well, from our experience with 25 properties.I don't recommend the discount for first 3 bookings if you're doing MTR, that can easily be an entire year of bookings discounted!
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20 August 2024 | 5 replies
I have lived here around 20 years and there is definitely good and rough areas.
20 August 2024 | 1 reply
If I can help answer any questions feel free to reach out or send me an email I have over 18+ years in REI & Finance.
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21 August 2024 | 4 replies
In other words, I think a partnership where I bring the remodeling know how and sweat, (I have 26 years of experience and I have already created good relationships with subs I trust) and where the investor brings the money to pay for the property and rehab, could be a great fit for the kind of investor who wants to flip properties, but doesn’t want the hassle and stress of the rehab construction.
20 August 2024 | 3 replies
The current owners do not have a mortgage, and would sell it to me direct.Since the don't need the cash, I'm going to offer $50k down at a 3% interest at a 30yr rate, but buy them out and remortgage it with the bank at year 5.No money needs to go into it, i have a $100/mon HOA, ~$800/mon escrow.
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20 August 2024 | 8 replies
Some options are:-No point - rates at 7.75%-Can buy down to 6.99 but cost 1.5%-Wait till next year or later when rate goes down.I also have to bring the LTV to 75%.
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21 August 2024 | 10 replies
Do you find there to be value for us to still reach out to those brokers who have been around 30 years and are high-level operators?