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22 June 2024 | 5 replies
Hello - I have few friends that are buying empty lots around us, playing a role of GC to build a house (have learned it over the years with education and experience) and sell it.
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25 June 2024 | 0 replies
Purchase price: $130,000 Cash invested: $175,000 Sale price: $550,000 Full Cycle Pre-Foreclosure > ShortSale > Fix N Flip
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25 June 2024 | 0 replies
Purchase price: $3,975,000 Cash invested: $1,025,000 FIXER UPPER-Chateau Montclair sits on almost 6 acres & overlooks a 10 acre lake in the new exclusive gated community, The Montclair.
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25 June 2024 | 1 reply
Purchase price: $175,000 Cash invested: $43,750 Under market purchase.
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25 June 2024 | 0 replies
Purchase price: $250,000 Cash invested: $62,500 Buy and hold investment.
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26 June 2024 | 4 replies
You can also try and incorporate a seller concession of up to 3% (with 3.5% down) which can help cover closing costs and reduce the cash needed to close.
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24 June 2024 | 20 replies
This has definitely played a big factor in the huge growth that this particular market has seen over the past 5-10 years
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25 June 2024 | 1 reply
Here are a few ideas:- HELOC: depending on how much equity you have in your property, you may be able to apply for and borrow against that equity- DSCR: BP now has a find a lender link and I'm happy to recommend mine as well if you'd like; there are lenders who do loans based on the future rental value of the property- Borrow from your 401k: typically you're able to borrow up to $50k and if you have multiple 401ks, borrow from multiplesHopefully this gives you some ideas of other options to bring in some cash for your investment!
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23 June 2024 | 7 replies
I would also include a link to this access story that's still playing out.Lac du Flambeau tribe won't lower payments for residents to access reservation properties (msn.com)--------------------I agree with Peter that once the claim is allowed you let the attorneys retained by the title insurer take over fully... getting yourself or your own attorney involved just increases the risk of screwing things up.