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16 May 2024 | 10 replies
You want to build connections in real life at meetups and try to get on the VIP wholesale list over time.
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16 May 2024 | 1 reply
I live in Phx,az and recently friend of mine sold his bank (ex bank of america) literally as is and profiteed $300k , he purchased it right out cash last year (I think) and it was in real bad shape in a shady part of town, before him taking possession of the bank homeless people where living inside it an using the bathroom anywhere in the building, he put maybe less than $5k in just cleaning it up and just a couple of days sold it.Basically the idea is to find super cheap homes in ****** conditions but the price is so cheap that you could still make profit by selling as is, investing as little as possible..
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17 May 2024 | 8 replies
Building a strong foundation is key to success in any real estate market.
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15 May 2024 | 5 replies
I intend to build a home that will be rented out to offset the costs of ownership.I can find construction to permanent loans on second homes easily.
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16 May 2024 | 13 replies
If you are willing to put in the work to build/remodel/update a property...i.e. create value, you not only generally increase your equity position, but also can often create more room to cash flow and/or cash flow at a higher % CoC.- I have personally built two houses in Fraser, CO.
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14 May 2024 | 2 replies
So in the end, I will be putting 4 new mobile/modular homes on these lots.Exit Strategy: Rent long term or Lease option to buy.The price of the "Farmhouse" is $175kRepairs: Pressure wash the house, paint inside and out, replace flooring: $10k$15k for fees, inspection, or any other unforeseen expenses$20k for Mobile/Modular Home SetupThe price on the 3 acres behind the farmhouse is $80kRepairs: Paint and new flooring $10k$15k for fees, inspection, or any other unforeseen expenses$20k for Mobile/Modular Home SetupTotal: $645kI have a lender who is willing to cover the deal @75% of the cost.I have a Gator who will cover the EMD.What I need is someone to help me with the Gap between that.
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15 May 2024 | 20 replies
Hi,I am analyzing a deal where in i want to buy a land and build some apartments. what would the Lenders look for in this scenario.
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14 May 2024 | 1 reply
In this case you just have to deal with added hassle of long wait times for inspections, crazy accounting, government employee turnover, etc.
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14 May 2024 | 2 replies
Hello All!The market I really want to be in, is a small mountain town where inventory is insanely limited. The good news is that I have a relationship with a builder I like and trust! The lot I'm interested is in tow...
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14 May 2024 | 31 replies
Run your comps, check leases, and proof of rent, and make sure to thoroughly analyze the inspection report and walkthrough video if this is out of state.