23 June 2024 | 3 replies
Aloha Russell,I purchased a property in a floodway in Honolulu Hawaii.
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22 June 2024 | 0 replies
Purchase price: $310,000 Cash invested: $15,000 Sale price: $425,000 Contributors: Peter Vekselman Partner Driven, in collaboration with Seth Choate, successfully completed a fix-and-flip on Carriage Lane, Oakdale, CA.
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19 June 2024 | 4 replies
@Jonathan GreeneAgree 100%. be transparent and if good news great - bad news - still share it with investors - realize they are making life choices based on what they may be telling you as an example of someone has $100k investment and you fear it’s going to go to foreclosure - well maybe they would not spend $10k on that vacation or buy a new home knowing they are getting wiped outUnfortunately there is a group of guru syndicators who are great marketers / sales which some I have personally spoken with and they are so full of it and just like to hear their voice their ego gets in the way.
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20 June 2024 | 0 replies
By using more leverage, negotiating like a boss, and keeping those priceless relationships strong, we can get the most out of our financing choices and open up new doors.
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23 June 2024 | 7 replies
The broker/ acquisition fee is a percentage of the total deal (estimated property and reno) or just the purchase price of the property?
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22 June 2024 | 12 replies
Most work this way Rates: 9% to 13% (Most Deals are 11-12%)Terms: up to 36 Months (Most Deals are 6-12 months)Fees: 2-4 points(%) of loan amount paid at closing (Most Deals are 3 points(%))Minimum Loan Amount: $50,000 (For loans less than $250,000 $2,500 minimum fee)Max Loan: 65%-70% of After Repair Value(ARV)100% Rehab Financing Available (Require 20% of purchase price down payment or cross-collateral)Closing Timeframe: 48 Hours - 3 Weeks (Most Deals are 2 Weeks)NO PRIMARY RESIDENCES, NON-OWNER OCCUPIED ONLY, BUSINESS AND COMMERCIAL USE ONLY.
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22 June 2024 | 21 replies
This means that these purchases are negative thousands of dollars per month.
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22 June 2024 | 4 replies
What is the purchase price or capital required to assume the note?
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22 June 2024 | 4 replies
Medical/physician programs are typically best for primary or investment purchases..check in with @Joseph Chiofalo he is a national lender and refinance savant that's worked closely with me for over two decades.
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22 June 2024 | 14 replies
I am in the process of purchasing my first rental property and am looking for any advice on what to anticipate as a new Landlord.