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11 June 2024 | 7 replies
Working on the rest.We rank them by Class A, B, C & D.If you apply Class A assumptions to a Class B or C purchase, your expectations won’t be met and it may be a financial disaster.So, we recommend you first figure out the property Class you want to invest in, THEN figure out the corresponding location to invest in.Here’s our OPINION for the Metro Detroit market (always verify each area for yourself!)
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11 June 2024 | 2 replies
Hello everyone,I'm seeking advice on coordinating a rental for a property I recently purchased in the 48602 area.
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11 June 2024 | 22 replies
They still have the receipts/numbers from the money orders purchased at the post office so they were able to track them, as was the post office.
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12 June 2024 | 12 replies
That agent was now on that purchase contract and he later sold the house about 4 months later and was on that sale.
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10 June 2024 | 5 replies
I recently had a conversation with my lender and mentioned I would be purchasing a property as my primary residence.
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11 June 2024 | 14 replies
@Jacob Sherman I’m typically raising $100K - $400K for the purchase and repairs of a SFH or smaller MFP flip (short-term).A syndication seems like overkill, and some investors don’t want to deal with a K-1 because it’s not worth the extra accounting expenses for a short-term deal.
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10 June 2024 | 5 replies
I am worried that purchasing the property and then transferring it to the LLC will trigger a due on sale clause that could cause issues after purchasing the property.
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11 June 2024 | 6 replies
Make small purchases and pay off the balance in full each month.8.
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10 June 2024 | 4 replies
Can someone please clarify this for me - if I take out a HELOC on my primary residence to purchase an investment property would that have to be for 100% of the cost of the investment property or can I just take out enough for a down payment?
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10 June 2024 | 9 replies
It is a four bedroom, two bathroom, split level house needing approximately $20-30k of repairs.The purchase price is $177,500.