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27 August 2016 | 5 replies
There is complete flexibility as long as they own the property outright.
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28 August 2016 | 14 replies
If you negotiate a good enough deal that pays you then complete the transaction with the investor to buy the house you have under contract.
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27 August 2016 | 5 replies
if I go by your numbers 54k purchase price amd 24k for rehab that's 78k you're going to rent 2 units for 750 so that's $1500 a month.you should calculate the expenses taxes ,insurance,maintenance etc and see if the cash flow will make sense.. you can use the 2% rule which in this case looks like you're right on the money. . so if 54k and 24k are right numbers and this is not a complete war zone were you would get your $1500 every month with no problems than this should be a good deal..check again for the rehab costs with a local contractos ask to have written estimates. also see if you need to pull permits.. these takes time and money. .good luck!!
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28 August 2016 | 4 replies
I own 2 commercial properties that i did complete inside demolition to and rebuilt everything from top to bottom excluding the 4 exterior brick walls.
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27 August 2016 | 2 replies
And I completely agree in regards to the deal being a little on the thin side, however, if I'm only coming out of pocket approx $24k, (including the 3 points) and can make $10-20K, (hopefully in 6 months), I'm ok with that.
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1 September 2016 | 8 replies
If you negotiate a good enough deal that pays you then complete the transaction with the investor to buy the house you have under contract.
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6 September 2016 | 10 replies
I simply talk to the seller about their expenses, rent rates and vacancy to calculate.
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28 August 2016 | 9 replies
If anyone could steer me in the right direction on where to find contracts I would love to connect and network with as many people on this site to complete deals with.
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29 August 2016 | 15 replies
The leaving party needs to complete the 30 day notice.
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29 August 2016 | 16 replies
I would be grateful if you'd like to network with me, feel free to send a PM if your are.Jeremy Geyer I haven't completed my first BRRRR yet, however I have been studying it over the last year or so, and I am finally in the middle of my first one in Ohio right now.