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10 April 2024 | 3 replies
Looking online, responses say it adjusts every 6 weeks or so. it has never reduced so far.
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11 April 2024 | 11 replies
Many companies I found do not want to cover a lot of homes because of the items you stated but with that the hurricanes and also in florida many roofing companies have done the "I will replace your roof for free, just let me deal with the insurance company".
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10 April 2024 | 6 replies
The tax benefits are also great.Where interest earned from lending personal money is subject to ordinary income tax rates, interest earned in a traditional SD 401k retirement plan is tax-deferred or tax-free through a Roth SD 401k plan.
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11 April 2024 | 2 replies
They typically have a "designer" or "consultant" for free that can give advice (or research in your case) specific items.
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10 April 2024 | 1 reply
I occasionally enjoy co-hosting (splitting costs) for client events with a lending partner but that is pretty rare as most lenders just want to hold "first time home buyer" classes/events or co-brand online ads for home buyers.
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11 April 2024 | 10 replies
@Samuel Metcalf- thanks 1) I would recomend getting a HELOC in place on your primary residence duplex for as much as possible...this should be available for free or a low cost and the rate will be variable in the 8-11% range ...prime rate + margin of 1-3% ) ...the min payment is in interest only payment on outstanding balance 2) use the heloc for the remodeling costs ...pay it down as agressively as you can 3) on the purchase of the investmenet 1 unit - you are allowed to put as little as 15% of the price for your down payment ...the pricing you get for the loan will improve as your down payment grows so you might look at 75% / 80% and 85% ltv options
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11 April 2024 | 6 replies
If you need to talk through this in more detail feel free to reach out.
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10 April 2024 | 0 replies
Not finding much online but it seems this is a growing niche market nationwide.
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9 April 2024 | 7 replies
I actually started flipping with little money and then transitioned to wholesaling because my goal is to build an active business in real estate, and for me, wholesaling was and is more scalable and profitable than flipping.People tend to think wholesaling is easy based on how gurus portray it online, but it's not.
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11 April 2024 | 5 replies
Download the free Deal Check app and start playing around with numbers and figure out how to analyze a deal.