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27 January 2025 | 5 replies
The best option would likely be a construction loan, which can cover both the purchase of the land and the build.
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14 February 2025 | 17 replies
Are you purchasing a fix and flip property and looking for a hard money loan?
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14 February 2025 | 13 replies
These are great questions and a great idea to do some due diligence before the purchase.
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17 February 2025 | 69 replies
There is another location I found after we had purchased this.
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30 January 2025 | 4 replies
Purchase price: $2,400,000 Sold a single-family home and did a 1031-exchange into a 5-unit building at a cheaper price.
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14 February 2025 | 1 reply
I've been part of a mentorship group for the whole time, I built a deal team and I've been looking at purchasing a cash-flowing business utilizing SBA financing.
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24 January 2025 | 12 replies
In other words, not resold to the government so the bank had more flexibility on the condition.I look at the original commitment letter and it states "xxx amount will be advanced at closing for the purchase of an investment property, and the remaining balance of the loan to be placed into an escrow account to be disbursed as improvements are made".No points, and only one closing, so I don't have to deal with a short term HML that I have to refinance in under a year.Hope that helps!
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27 January 2025 | 7 replies
I recently purchased a property in Fulton County.
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23 January 2025 | 15 replies
Deal 2: Duplex (older home that needs TLC in good location)Purchase price: 120k, Rehab 40k, Total all in: 180kExpected Rent: $2,400/month to $2,700/monthDeal 3: 5 Plex (is that even a word?
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11 February 2025 | 11 replies
You can find some 2 units under or around $250K but they have been sitting on the market for over 150 days which tells you its not a great deal if it were an investor woud have already purchased it 4 month ago.