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4 July 2013 | 3 replies
This actually happens frequently but the opportunity will be proportional to the amount of experience you have (i.e. how many properties you’ve flipped) and how long you’ve been doing this (i.e. how many contacts you’ve developed over the years).Lightening could always strike, but the chances that any experienced lender will loan 100% of the purchase and rehab to someone who’s never done this before are pretty much zero.If you happened to find a really killer deal, it would be easier and safer for you to find an experienced money partner.
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5 December 2013 | 4 replies
If the stars all align, you may get it to work.It would be a lot easier if you had your brokers license and could just get a commission....
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8 July 2013 | 11 replies
It is easier to say hello to a familiar face.)On July 4th, I found a seller of a four plex that was open to options.
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5 July 2013 | 10 replies
It makes getting financing much easier, and gives you the some margin so that you can be patient and really find the right deals.Good luck!
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14 July 2013 | 7 replies
Calculating ROI from rehab is much easier than building a full pro-forma (which should include your taxes, as those are regular and repeating expenses).
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2 August 2013 | 19 replies
The problem is that hard money is easier to get than conventional financing and can draw you in.
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6 July 2013 | 8 replies
You'll have to paint, clean or replace carpet, etc...
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8 July 2013 | 18 replies
I also think it may be easier to maintain.
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9 July 2013 | 20 replies
My work ethic and my commitment to stay clean in my dealings with people and treat people with respect and fairness will speak for itself.