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24 March 2024 | 14 replies
You can get up to 75% of the value, but you can get a lower interest rate if you only take out 50 or 60% of the value.
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24 March 2024 | 4 replies
Just sayin.This post was about listings that don’t have BB commissions losing value for unrepresented buyers because they no longer have that card to play “hey seller I’m unrepresented my offer doesn’t include commissions” won’t be there on those listings.
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25 March 2024 | 26 replies
I know a decent deal when I see one that has at least the ability to hold it's value.
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23 March 2024 | 0 replies
Seller financingHow did you add value to the deal?
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24 March 2024 | 7 replies
Inflation Calculator | Find US Dollar's Value From 1913-2024 (usinflationcalculator.com)
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23 March 2024 | 4 replies
We ended up saving more than our fair share considering this was in 2021 and sellers were getting 20 offers all above asking, we were able to buy below market value.
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23 March 2024 | 4 replies
Their expertise has value, they now have good skin in the game, and they will/should agree to share their thought process when they say "that's a good idea" or "that's a stupid idea."
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24 March 2024 | 4 replies
I will likely be seeking advice here if I run into issues.Purchase Price: $155,000 (Down from asking of $175,000 to $160,000 and finally to $155,000 after higher rehab)Rehab Price: $79,900 (Original estimate was $60,000)Appraised value: $310,000 (Original Estimated ARV: $285,000)I am hoping to list it for $319,900 or $314,900 when the rehab is completed in about 7 weeks.This is so far my only journey into Real Estate investing and hope to do much more and learn to scale my portfolio quickly and get to use the BRRRR method when it is available and makes sense.
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23 March 2024 | 1 reply
Affordable turn-key multi-family properties do not exist, so very much open to the idea of a rehab/value-add to build instant equity.
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23 March 2024 | 10 replies
However, unlike property loans from banks that will lend up to 100% of a property’s value, the ideal MIC loan is generally around 60% of a property’s value, and does not exceed 85% for added security.