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23 June 2024 | 3 replies
So I started trying to get creative on how to create a win-win-win for all.Here’s how it went down:I got the sellers to agree to an asking price of $180k, a full $40k over what they originally wanted.In the offer, we included a seller credit of $34k.This strategy allowed me to cover the extra commission for both the buying and selling agents and ensure the seller got exactly the cash they wanted should they have sold it at 140k.With the seller credit, this reduced my total out-of-pocket expense to just $6k.I used a commercial DSCR loan product with a local bank.
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26 June 2024 | 1 reply
We are just starting to plan our property investment strategy.
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27 June 2024 | 2 replies
Apple is planning to delay the start of construction of their new campus 4 years, from 2026 to 2030.
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27 June 2024 | 17 replies
Hoping to network with others in the area, learn, and start building a portfolio!
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26 June 2024 | 1 reply
Building a new duplex to start my real estate career.
26 June 2024 | 1 reply
I'd start by talking to a bank to find out if you'd be approved for a mortgage-you may not be.
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27 June 2024 | 9 replies
Some will give you the numbers, some will want to look at the property and may or may not charge a fee for the service.I will say, if you start bringing more business to a contractor and develop the relationship, they are more likely to help you out and walk the property with you.
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28 June 2024 | 16 replies
It was my call and I called John and asked him to come in a bit early to start his shift.