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8 February 2016 | 12 replies
Perhaps telling them you will have it put in but you want them to sign a new lease for an added cost to help sway it (but this way they aren't paying upfront either) .
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28 March 2020 | 16 replies
So glad you aren't paying over tax value.Good luck!
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2 February 2017 | 15 replies
As long as you use a proper contract between the wholesaler & bird dog, you aren't breaking any laws.
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14 February 2016 | 27 replies
This is a business of time and quantity...and time.You have stepped into the biz, sit back and learn from this first property.
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4 February 2016 | 4 replies
That would keep away the buyers that aren't serious.
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20 February 2016 | 7 replies
Play within your bank roll, if you aren't prepared to take advantage of this particular deal then just pass and get prepared for the next deal.
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9 February 2016 | 5 replies
Rehab costs aren't tax deductible even if you don't live in it; they're capitalized, so you'll realize the tax benefit when you (a) sell, and/or (b) lease the property and start depreciating at the higher basis.
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13 December 2021 | 4 replies
The bank i have been talking to wants to do a construction loan but they aren't so forward about the details of the loan being loan term, interest, down payment, and if i can roll my first 6 month of loan payments into the deal.
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9 February 2016 | 2 replies
I would love to partner up with someone that is maybe looking to invest money even if they aren't really willing to work through a project.
10 February 2016 | 7 replies
If you have little in the bank to pay for a vacant unit,accept their offer with strict terms to be followed.First,if they want you to hold the unit for them till March 20th,they need to pay the mortgage payment (P.I.T.I.) at the bare minimum because banks aren't interested in their timeline whatsoever and neither are you,quite frankly.If they balk at that reality,tell them to hit the bricks cause you have a business to run.If they want it,they pay it.When they finally move in it's full rent and deposits till they give notice and vacate.A week isn't a long time and you really need experienced help from a realtor who specializes in rentals and has an long track record of success.You could get a better tenant if you wait but if you don't have the cash to wait,take what you can get.