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21 March 2024 | 1 reply
I've had broken windows, paint, and plumbing items flagged for repair but never stairs; although I have seen some really poorly constructed staircases and it's not terribly surprising to me that something like that could get flagged.Ultimately It's negotiable with the seller, although you should come to terms with the fact that you're an FHA buyer, and the seller would not have this issue with a conventional buyer; it entirely depends on your circumstances whether this is actually something the seller should pay for or not.
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20 March 2024 | 7 replies
Tried calling the local CPA's that are "experts" at 1031s, but they aren't responding because it's busy tax season...I'll dig in deeper with tax people if it's a possibility, but wanted to throw it out there to this community first.Any insights are much appreciated!
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22 March 2024 | 9 replies
To precisely assess each property's cash flow potential, a comprehensive financial analysis and due diligence process are necessary.In order to invest in Dallas, one should carry out extensive market research, establish connections with local investors, property managers, and real estate specialists; moreover, one should investigate financing alternatives, investigate possible investment properties, and give careful thought to property management.
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20 March 2024 | 10 replies
There are options for partial releases, however the entire portfolio must be able to debt service, if one property is sold or refinanced.
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22 March 2024 | 6 replies
Does anyone know if it's possible to take on a mortgage for this type of structure?
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21 March 2024 | 4 replies
Using a HELOC puts more liability on you while the hard money puts onus on the lender while you leverage their money and maintain as much of yours as possible.
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21 March 2024 | 12 replies
Is that even possible in Florida?
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22 March 2024 | 7 replies
Don't expect them to spend a lot of time on this up-front conversation, but they probably will be willing to give you some top-of-head numbers in the process of looking for another possible client.
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21 March 2024 | 2 replies
This issue suggests possible foundation settlement or movement of foundation posts and/or beams, which could be indicative of significant structural issues.2.
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22 March 2024 | 88 replies
Cash flow hasn't really moved the needle much for me financially whereas appreciation has been truly life-altering in the best way possible.