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14 July 2024 | 2 replies
He has come up through the ranks as a wholesaler, then fix and flip, and now targeting missing middle new construction/development deals.I'm beginning to research GCs/investors that do this type of work, and figured it'd be worth exploring the BP network.If you deal in this area directly, or have a connection I could speak to, that would be much appreciated.At the end of the day I am trying to get round number hard cost estimates on 2-4plex/Townhomes.
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18 July 2024 | 4 replies
So if a property was offered at $500k, John might offer 2 parcels assessed value of $70k (cost him no more than $1k) and a seller financed note of $380k.
16 July 2024 | 4 replies
Before long JKV will be on the radar of all the major title underwriters and their title agents will need underwriter permission to close deals in which they are involved.
18 July 2024 | 6 replies
Would talk to contractors and get a sense of renovation costs and ARVs.
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18 July 2024 | 2 replies
At the cost, and given the benefits of most mortgage insurance offerings, is it worth it to pay (however much extra it is)?
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19 July 2024 | 9 replies
Additionally, the price point is still cheap enough to find the 1% rule and positive cash flow and it's super landlord friendly (so you will never have to go through a 12 month eviction or anything close to that!).
17 July 2024 | 1 reply
This property is close to the down town, near a bus line, and fit the business model.
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16 July 2024 | 14 replies
We're considering selling the property due to challenges of long-distance management.We're still interested on investing out of state and plan to gradually scale our investments over the next few years, focusing on areas close to Illinois, like Wisconsin or Indiana.Any suggestions on how to approach selling our multifamily property and buying in Wisconsin or Indiana in the current market would be greatly appreciated.
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15 July 2024 | 1 reply
Settled at $247,900, 3% closing cost credits, and the seller also put in about $3,000 for repairs.
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20 July 2024 | 7 replies
This can save you from costly mistakes.