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28 May 2024 | 15 replies
Hella cheap and quality things there to furnish each of your units.When you start feeling nervous, look back to your numbers to remind yourself of how good a deal it is.
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29 May 2024 | 30 replies
They promised a turnkey solution with active, professional, experienced project management and an entire permitting department at our disposal.
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30 May 2024 | 10 replies
This helps you get a feel for them and their pricing. 3.
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29 May 2024 | 13 replies
It's amazing the knowledge that a professional who's been performing 1031s the past 20 years.I've done several webinars with Dave and he is often used in our communityGino
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28 May 2024 | 7 replies
Hey @Hannah Joy - I'd echo @Bruce Woodruff those are both educational degrees that take thousands of hours to become a professional at.
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28 May 2024 | 13 replies
Like any industry there are professionals worth every penny and "professionals" not even worth $280.
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29 May 2024 | 7 replies
Here are the details:Assumable loan balance: $750k at 2.75%List price: $950kDownpayment needed: $200k to cover the differenceMy initial plan to make this deal work included a few options:Getting a loan for the $200k difference.Bringing in a partner.Asking for seller financing.However, when I discussed these options with my agent, I hit a few roadblocks:Second Mortgage: My agent said no bank would provide a second position loan for the $200k.Seller Financing: He mentioned that 99% of sellers would reject this, though we're asking anyway.Agent's Advice: He suggested I just get a conventional loan and put 5% down for the full $950k, but I feel this defeats the purpose of leveraging the assumable loan.Given these challenges, I’m trying to figure out the best way to raise the $200k.
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28 May 2024 | 1 reply
Did you work with any real estate professionals (agents, lenders, etc.) that you'd recommend to others?
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29 May 2024 | 5 replies
Your property appeals to neither a growing family (too small) or the young professional still seeking fun (not within walking).Here is the MILLION DOLLAR question: If you were buying an investment property, would this be one you would buy.
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30 May 2024 | 4 replies
If you ever have any specific questions feel fre to reach out I am always happy to help and talk REI!