Allyssa McCleery
purchase checklist creation
16 October 2018 | 0 replies
Needless to say, I messed a lot of things up.Some things I know for next time:-make sure to include security deposits credit and prorated rent credit in the purchase contract-make sure to keep all addendums that may be needed saved on computer for quick access-get all the necessary documentation for rehab funding from the contractor before going into contract on the property (my lender needed his insurance, workers comp, experience, etc. and I was not able to get rehab funded in the loan because the contractor would not send this to me and it was too late for me to find another contractor)-check that title has gotten the documents correct before they are sent over to the seller-take pictures of the house during the walkthrough for insurance purposes-check for flood zone early on -give yourself a realistic timeline for closing-check reviews on title company before choosing oneDoes anyone else have any recommendations?
Patrik Kusek
Suggestions on how to plan for repairs and vacancy on multiple pr
16 October 2018 | 2 replies
I didn't have to touch my reserve fund.
Huey Martin
Cash purchase then refinance
16 October 2018 | 5 replies
Property would be purchased for cash in my name using his funds.
Toby Thompson
I know Insurance and Contracting, want to learn about investing!
25 October 2018 | 4 replies
I am new to creative financing so my plan was always to fix/flip for capital and then reinvest that into long term holds once I had the funds.
Mark Hong
Minneapolis Zoning Restriction
24 November 2019 | 10 replies
If you're interested in funding partners, I'd love to visit with you sometime.
Peter Fennig
Wholesaling or flipping advice
17 October 2018 | 1 reply
Or confident enough that after getting it under contract I'd be able to get financing for the deal seeng that I don't have the purchasing rehab funds upfront out of my own money.
Duane Kidman
Is BRRRR not so good during down times - let me know.
16 October 2018 | 2 replies
When you refinance and move the funds into the next property, it appears to me that you are building a house of cards.
Nicholas Zaharevich
New SFH From My Home Town
27 November 2018 | 1 reply
I complained enough that another investor listened, looked at the deal, and funded me the amount I needed...
Shaun Calloway
Paying over asking in Houston and making a profit?
21 October 2018 | 17 replies
Experienced RE investors purchasing RE that I could not make my desired profit but because of their greater experience in rehabs (own teams) they can rehab a lot cheaper than I can.
Trent Lee
List of Turn key companies
19 October 2018 | 10 replies
But in general with turnkey the trade off is usually a lower return for not having to fund a property yourself and doing the rehab etc .