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27 March 2024 | 18 replies
For example you hold on to the land while they get plans approved and they pay a premium with a non-refundable deposit.
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25 March 2024 | 2 replies
Smarter Contact takes 7 days I guess when I chat with their chat support.
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25 March 2024 | 10 replies
This is a great way to see which tax pros have the background to support you.
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25 March 2024 | 4 replies
I'd find a local title company that can support such a transaction, and/or an attorney, and talk to themI would strongly recommend not downloading random documents off the InternetAlso you should be in a place financially where you are able to do this and not put the property at riskGood luck
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26 March 2024 | 1 reply
Please hold the advice about investing with family members.
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25 March 2024 | 13 replies
It may also include submitting the requisite permits to support your plan.
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26 March 2024 | 3 replies
And at no fault of their own – cashflow is what they were SOLD on.Here's what I want you to understand about “buy and hold” residential real estate:Let’s use a single family home with a property value of $300,000Let’s use an initial loan amount of $240,000Let’s use an interest rate of 7.25%And I’m going to give you $150 of cash flow per monthUse a 5% appreciation amount for your propertyLet’s see what happens after 5 years:After 5 years…$150 of cash flow per month = $9,000Your mortgage has been paid down to $227,000 = $13,000Your property is now worth $382,000 = $82,000So that’s $9,000 of cash flow, $13,000 of principle buy down, and $82,000 of appreciation.
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26 March 2024 | 3 replies
Investment Info:Single-family residence buy & hold investment in Mishawaka.
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26 March 2024 | 3 replies
i show the seller how i come up with the offer price by going back from my ARV, minus holding cost - minus repair - minus the profit i am willing to take on the deal.
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23 March 2024 | 0 replies
Investment Info:Single-family residence buy & hold investment.