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2 December 2024 | 10 replies
The minimum down payment for a property in this price range would be roughly $27K.That said, you also need to account for bank closing costs, inspection costs, appraisal, attorney fee, and title costs.Your scenario may require a seller's concession to account for these additional expenses.Investing with $50K is totally possible in this market but your journey may be met by challenges i.e.
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30 November 2024 | 1 reply
For a closer look at this property, you can explore the photos here: https://www.dwell.com/home/aura-small-home-plan-bc2c7082Why Build New in Griffin?
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5 December 2024 | 34 replies
Peak and off peak shouldn’t be a 6% difference, it should be closer to a 50% discount.
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5 December 2024 | 19 replies
I recommend teaching him basic construction and property inspection (4-point items); 'lipstick on a pig' can kill an investment and reputation faster than anything in this business.Best...
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1 December 2024 | 134 replies
I had to deduct 5K off one sale and 9K off the other once the buyers did plumbing inspections...
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25 November 2024 | 6 replies
Watch out for the village requirements and make sure your team knows what areas require rental and pre-sale inspections.
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27 November 2024 | 2 replies
One key lesson is to always prioritize a thorough inspection—and go beyond the basics.
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4 December 2024 | 25 replies
Also, Baltimore has so many silly inspections, fees and fines they issue for little to no reason.
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28 November 2024 | 4 replies
Another option is to hire independent inspectors or even handymen whom you can pay a flat fee for every time they inspect your house.
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1 December 2024 | 9 replies
It depends on the market, but more densely populated areas like New York City will have more sales in a closer radius than a suburban market.Starting with 6 months back and 1 mile out is a good start.