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13 May 2024 | 1 reply
Has anyone else paid more for a property because it offered better intangibles vs a property that had better cash on cash?
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13 May 2024 | 0 replies
Purchase price: $160,000 Cash invested: $52,000 Sale price: $240,000 BRRRRUsed OPM How did you find this deal and how did you negotiate it?
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13 May 2024 | 1 reply
What are other questions we should discuss in advance.any advise, any sample document.Thanks look at 10 joint venture deals before you do one. talk to others in other markets. if he isn't smart enough to negotiate capital or JV deals or structured finance I wouldn't touch him. every cost should be fully transparent with their margin. similar structures with investors in columbus we are the general and everything is negotiable. he should also be qualified talk to a bank first. we take title in a single purpose entity we are the LP less than 20% and the qualifier and the main investor puts the cash and gets the loan, I'm also licensed and normally sell to out of state investors.
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14 May 2024 | 43 replies
Plus, there's still so many positive cash flowing and 1% deals here in Columbus Ohio.
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13 May 2024 | 13 replies
While MLS remains the primary platform for on-market deals, the majority of deals I encounter originate from off-market sources, often through wholesale channels.When you say wholesale, someone(wholesaler) finds a homeowner who is in need of cash quickly or cannot go through traditional process of selling their house for some reason, and then the wholesaler finds an investor to buy the house who will pay in cash?
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13 May 2024 | 9 replies
David,Since you have no mortgage have you thought about doing a cash out refinance on your primary home.
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13 May 2024 | 19 replies
It's much harder than most new investors realize to find properties that actually cash flow well.
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13 May 2024 | 2 replies
So, if you would prefer to receive that extra 3% as cash assistance, it may be worth increasing what you're putting into the deal to get it that way.
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13 May 2024 | 0 replies
Purchase price: $360,000 Cash invested: $22,000 3 unit home in Upton Marble Hill. 2 of 3 Units are rented and bringing in $2400 a month in gross revenue.
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13 May 2024 | 25 replies
Either Zelle or Cash or Cashier Cheque.