Diana Tran
Seller Has Counteroffer, How Should We Negotiate?
9 May 2024 | 8 replies
THIS WILL BE OUR FIRST HOME PURCHASE (3 CO-OWNERS).
Tricia Miller
First BRRRR Experience
10 May 2024 | 13 replies
Purchase price: $90,000 Cash invested: $5,000This property was my first BRRRR.
Quinton Oake
Looking for a long term loan, private lender
10 May 2024 | 8 replies
I just quoted a 7.5% rate on an 80% purchase with a 1 year pre-payment.
Tyquan Fleming
Hard Money Lenders
9 May 2024 | 11 replies
Most work this way: Rates: 9% to 13% (Most Deals are 11-12%)Terms: up to 36 Months (Most Deals are 6-12 months)Fees: 2-4 points(%) of loan amount paid at closing (Most Deals are 3 points(%))Minimum Loan Amount: $50,000 (For loans less than $250,000 $2,500 minimum fee)Max Loan: 65%-70% of After Repair Value(ARV)100% Rehab Financing Available (Require 20% of purchase price down payment or cross-collateral)Closing Timeframe: 48 Hours - 3 Weeks (Most Deals are 2 Weeks)NO PRIMARY RESIDENCES, NON-OWNER OCCUPIED ONLY, BUSINESS AND COMMERCIAL USE ONLY.
Aspen Jay
How much to pay a Realtor for an off-market deal
10 May 2024 | 10 replies
That said I would expect to pay a buyers agent 2-3% depending on the price point of the purchase.
David Judge
Architect + Owner + Builder
9 May 2024 | 0 replies
Purchase price: $650,000 Cash invested: $240,000 I bought raw land ($170K) and designed the home and managed the construction.
Adam King
Primary residence turned BRRR cash flowing over $1k/month
9 May 2024 | 0 replies
Purchase price: $242,500 Cash invested: $24,250 This was my previous primary residence, I have since been able to take a substantial amount of cash out of the home.
Vince Craig
The Power Of Seller Financing
11 May 2024 | 53 replies
We (an OH LLC) are trying to purchase a three-building portfolio from another LLC using seller financing.
Jacob Hancock
I own a house worth $115k outright? How hard would it be to leverage?
9 May 2024 | 3 replies
(if the property value is 115k) Then turn around and use the cash out proceeds for a down payment on another commercial DSCR loan to purchase a small multifamily.
Carson Martin
My second investment property (and first short to mid term rental)
9 May 2024 | 0 replies
Purchase price: $212,000 Cash invested: $25,000 3 bed 2.5 bath townhouse 1 mile from Augusta National (Masters Golf Tournament).