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5 June 2024 | 0 replies
Purchase price: $40,000 Sale price: $63,000 Contributors: Peter Vekselman Partner Driven, in collaboration with Mark Millett, successfully completed a quick sale on 45th St, Birmingham, AL 35212.
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5 June 2024 | 9 replies
This is screwing my DTI when trying to purchase a new home as my homestead because all the debt is in my personal report but only 20% revenue.Is there something I can do to change this?
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2 June 2024 | 1 reply
So my plan is to purchase the property, build a quadplex and once completed roll the land and rental into a consolidated VA loan at 0% down, no funding fee and closing costs rolled into the loan.
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5 June 2024 | 0 replies
Purchase price: $74,900 Cash invested: $42,000 Sale price: $204,900 Contributors: Peter Vekselman Partner Driven, in collaboration with Rose Brown, successfully completed a fix-and-flip on Wright Road, Fayetteville, TN 37334.
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5 June 2024 | 5 replies
Nobody is getting $3K a month, for a $300K home, for exampleIs anyone seeing this on LT rentals that you are purchasing now?
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6 June 2024 | 3 replies
This makes these units ineligible for conventional purchase which really effects the resale for owners.I don't know what kind of numbers you are looking for, but I have a Duplex just north of downtown with a potential note assignment at 5% interest.
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5 June 2024 | 3 replies
Seems like the cash flow is tight if a refi or 2nd will make it go negative but if you want to tap the equity to purchase more then that maybe the route.
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5 June 2024 | 14 replies
I did a test and input this data into ChatGPT: What is the ROI and monthly cash flow on a property purchased for $135,000?
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5 June 2024 | 0 replies
Purchase price: $40,000 Sale price: $50,113 Contributors: Peter Vekselman Partner Driven, in collaboration with Preston Moore, successfully completed a quick sale on 43rd St, Fairfield, AL 35064.
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6 June 2024 | 7 replies
After purchase, you can raise the rent on the current tenant or terminate their lease and find a new renter.