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22 July 2024 | 1 reply
Or is it contradictory because the property you purchase is going back on the MLS 2-3 weeks later?
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22 July 2024 | 120 replies
One study showed it was cheaper to rent than purchase in 97 of the largest 100 markets.
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20 July 2024 | 6 replies
Below are a few ideas to think about.Appraisal Concerns: Include a clause in the counteroffer to address any potential gap if the appraisal comes in lower than the offer price.Closing Costs: If the requested $10k seems high, propose a lower amount or adjust the sale price to cover some of these costs.Escrow Deposit: Counter with a higher deposit to ensure buyer commitment.Financing Contingency: Make sure there's a clause that protects you if the buyer’s financing falls through.VA Requirements: Understand and prepare for the specific requirements and inspections associated with VA loans.Professional Advice: Consult with a real estate agent or legal professional for tailored advice.Communication: Maintain open communication with the buyers for a smooth negotiation process.Best of luck with your sale,KC
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22 July 2024 | 9 replies
I was going through a cash out refinance to use that equity to purchase additional properties for long term rentals.
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25 July 2024 | 62 replies
The only way you can cure rental housing shortfalls is to create enough new supply to reduce prices of existing units, drive down the price of purchasing housing for rental purposes such that more is bought, or for government to create and manage the supply itself.
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23 July 2024 | 5 replies
If the tenant doesn't already have a wall mount I tell them that I will purchase it for them as a move in gift.
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22 July 2024 | 0 replies
Purchase price: $240,000 Cash invested: $30,000 Rent to own BRRR.
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23 July 2024 | 10 replies
Mason welcome to biggerpockets I also went to UW-WSuggestion for the next 10 years , if possible purchase four plex , duplex , triplex, last resort sfr for house hacking ( no immediate cash flow )Rinse and repeat until your personal lives change ( family, relationship, etc )Each state you purchase property :Develop a decent team to handle your investment properties while you enjoy your fishing/etc
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23 July 2024 | 28 replies
Cash or credit to be able to close on the property purchase YOURSELF.
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19 July 2024 | 0 replies
I'm interested in purchasing raw land (or close to raw) to scale up as cash flow permits.