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29 July 2024 | 5 replies
A deal I'm looking at has 2 SFH listed at 30K each.
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28 July 2024 | 1 reply
What made you interested in investing in this type of deal?
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29 July 2024 | 4 replies
The max leverage you can go on a deal like this is 90% CLTV
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29 July 2024 | 1 reply
You need underwriters, accountant, and how you sourcing deals?
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28 July 2024 | 25 replies
Ask the manager to explain their process for dealing with maintenance, late rent, evictions, turnover, etc.
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29 July 2024 | 7 replies
I can’t speak much about NC’s market, but if you’re struggling to find the right deal locally, consider exploring other markets.
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25 July 2024 | 3 replies
made an offer on a property only to find out later that one of the units was going through an eviction.tried to extend our inspection contingency to no avail to buy us some timeended up not being able to come to terms on how to proceed with sellerthe last HOUR of our inspection contingency the seller offers to try and buy out (cash for keys) the tenant the next day (he had a property manager handling the eviction and wasn't even aware of it initially).i get a (risky) oral agreement that even though the contingency window had passed, if the plan falls through my client will still get their EMD back the next day the seller ends up buying out the tenant for a bit over $3,000 and now we can move forward with the deal without the headache of a problem teanant/ picking up an eviction.
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29 July 2024 | 10 replies
Make sure that is part of your deal analysisB.
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25 July 2024 | 24 replies
My questions are, Can I approach the listing agent directly if my agent do not respond?