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10 February 2024 | 2 replies
Does that sound legit or a scam?
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12 February 2024 | 0 replies
A potential homeowner—with multiple financing and inspection contingencies—didn’t have a chance of winning the contract to buy a home when competing against the no-contingency cash offer of a fund.
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12 February 2024 | 3 replies
NACA was formed in 1988 and provides an affordable option for potential first-time buyers:✅ No down payment✅ No closing costs or fees✅ No mortgage insurance✅ No consideration of credit score✅ Below market fixed interest rateThere are several requirements to be eligible, starting with attending one of their workshops.https://www.naca.com
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9 February 2024 | 5 replies
@Avery Moore, there are rental scams every day of the week even in my relatively modest sized market.
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10 February 2024 | 3 replies
This seems like a scam post...
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10 February 2024 | 28 replies
Resist the slick talking scam artists that claim to "have the secret", or "will give you the information that no one wants to share", or "have a proven formula", etc.
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12 February 2024 | 12 replies
One of our local markets is #5 but I think there are other markets in our area that have more potential. https://www.airdna.co/best-places-to-invest-in-vacation-rent...
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12 February 2024 | 9 replies
This strategic move could not only enhance your portfolio but also provide you with the financial cushion you're seeking, allowing for greater flexibility and potential for growth.If you're contemplating selling, I'd be more than happy to provide you with a comprehensive market analysis and guide you through the selling process to ensure you maximize your investment.
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12 February 2024 | 0 replies
Looking into potentially Multi Family or what size of home will capture the most value.Lot 2 661 SqFt House Rehab $5,000Lot 2 1392 House Finish Construction on Foundation $140,000RentLot 1 TBD, We’re hoping we can construct Multi Family for max rentLot 2 661 SqFt House $750/moLot 2 1392 SqFt House $1900/moRefi/ExitLot 2 ARV $350,000$80,000 Cost of Land/House/Foundation$5,000 Cost to Rehab 661 SqFt House$140,000 Cost to Finish Construction on existing FoundationLot 1 ARV TBD$50,000 Cost of Land in AcquisitionTotal Cost TBDUsing a DSCR 75% LTV 8.3% 30Yr Cash Out Loan, I Estimate we should be able to pull out approximately $255,000 after fees/points.
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12 February 2024 | 5 replies
Instead we are selling some assets and then performing a cost segregation analysis on some of our larger deals to help defray or eliminate capital gains taxes, and just sticking the cash on our balance sheet to better position ourselves for a potential market shift.