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23 January 2025 | 20 replies
Our models are similar and I agree, sometimes people don't put in the effort.
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4 January 2025 | 0 replies
Investment Info:Single-family residence fix & flip investment.
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24 January 2025 | 12 replies
I am looking for a RE financor/investor to lend me the amounted fix money we agree to buy the property for, and in exchange I will pay the investor a 6.3% interest by distributing monthly passive income to them in a duration of 15 years.Using the deal that I currently am seeking for now, This Fourplex is listed for $459,900. i plan to negiociate down to AT MOST $409,900 (50K less than asking price).
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21 January 2025 | 10 replies
This company charges 15% on top of any maintenance requests in addition to their normal fees but all I need to do is approve the estimates - they do all the work/communication with the contractors.Recently my PM sent me a few maintenance requests: a $1400 to fix some plumbing in a bathroom (clogged and leaking - contractor says they need to cut the pipes, reroute and replace some plumbing, recaulk.
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22 January 2025 | 0 replies
Overcoming Common Financing HurdlesMortgage brokers excel at tackling challenges that often derail new investors:Low Down Payments: Brokers can find lenders offering low or no-down-payment loans, ideal for new investors with limited capital.Complex Income Streams: If you’re self-employed or have variable income, brokers can identify lenders that accept alternative documentation.Competitive Rates: Brokers have the leverage to negotiate better rates and fees, saving you thousands over the life of your loan.Pro Tip: Communicate your investment goals clearly with your broker so they can tailor their search to your needs, whether it’s a short-term fix-and-flip loan or a long-term rental property mortgage.3.
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22 January 2025 | 3 replies
Currently Renting (Sold a fix n flip a few years ago) looking to buy land with cash (30k or so) and put a new modular home.
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22 January 2025 | 9 replies
Are you looking to fix and flip again?
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24 January 2025 | 3 replies
IMO, the best strategy for that type of individual is to purchase residential property in an area they are or can become familiar with; in an area where the neighborhood is “on the rise”, typically where demand exceeds supply and people are spending $$$ on fixing up properties.
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20 January 2025 | 57 replies
If he had the discipline to fix the problem?
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12 January 2025 | 12 replies
I have a vision of building and developing mobile home communities in upstate NY that are vertically integrated to allow future members to choose from a catalog of homes, have them installed, provide them with financing options, and make the process of selecting, buying, and living in the community very smooth.Since this is my first time doing this, I would love to chat with an experienced mobile home developer on the following items:Zoning - navigating the zoning process to allow the community to be allowedStart up costs - I am a finance person who would love to better understand start up costs - septic / electrical / water / pads / roads / etcOn Going Maint Costs - in building our business case, I want to build a conservative financial model to capture all re-occurring expenses - utilities, landscaping, capex, septic clean out, etc.I know this is a lot, but would greatly appreciate talking to someone who is an expert in this asset class!