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8 August 2024 | 1 reply
Unless you are in one of the exceptional markets with a 1 of a kind property I would recommend doing any flip that remotely approaches 70% LTV, I am seeing a lot of 60% LTV projects, those investors with make money.
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8 August 2024 | 4 replies
If most houses sell for $1m, and the high end for certain properties is $2.5m....I don't think I'd waste my time with a seller who wants half a million dollars more than the highest properties in the area.
9 August 2024 | 9 replies
Some other investors recommend doing a 20-25 year amortization period on the loan which helps cash flow a ton.
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7 August 2024 | 3 replies
Hello investors, I’m new to wholesaling and was wondering if someone could hook me up with a contract outline that is legal for Rochester use, I know the laws are a little iffy and have been having a hard time finding a valid mock up to work off, also any attorney recommendations?
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7 August 2024 | 9 replies
However, I usually recommend adding a third entity to the structure, a so-called management entity ("Management Co"), an entity I think is often overlooked amongst investors.
9 August 2024 | 7 replies
You can technically do it via kitchen sink but there's a risk and I would never recommend it.
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8 August 2024 | 3 replies
Experienced investors often have recommendations for lenders who still provide gap loans.
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6 August 2024 | 17 replies
This is a highly personal decision.
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7 August 2024 | 1 reply
Here’s why you should consider it:🔑 High Profit Potential: With the right property, you can significantly increase your investment return.
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7 August 2024 | 15 replies
I paid off almost 6,000 in a high interest credit card , The next day my credit score dropped 90 points.