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11 March 2024 | 19 replies
This is extremely common in the Detroit market, but it seemed very odd to me initially also.You simply put an inspection period in your offer so you can walk it and decide if it's for you or not.In terms of rent rolls, etc. you may not be getting a response on this for the same reason.
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9 March 2024 | 9 replies
I'd also suggest running some for-rent ads, to see what type of response you get.It's notoriously difficult to accurately predict ARV on these types of properties, because they're so niche, and the market for them is usually completely different than the market for more standard properties...For instance, a lot of lenders won't provide a mortgage on a property for less than $100k--and if that's the case in your area, that would mean that the only potential buyers for the property are cash buyers, which makes selling the property more difficult.
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8 March 2024 | 3 replies
Monday.com, Zoho, REI/kit, Flipperforce are softwares that are common.
9 March 2024 | 0 replies
Purchase price: $260,000 Cash invested: $70,000 Sale price: $440,000 Triplex flip with a partner What made you interested in investing in this type of deal?
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9 March 2024 | 22 replies
You would make $50K-$100K wholesale deals like we are doing.People hear what they want to hear.You answer logic and common sense, they won't have it.
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8 March 2024 | 4 replies
Your incomes will be combined when you qualify for the loan, and both your names will be on the deed as “tenants in common.”
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9 March 2024 | 2 replies
Qualitative factors - new businesses coming in, types of industries3.
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9 March 2024 | 0 replies
Purchase price: $215,000 Cash invested: $75,000 Sale price: $385,000 10 weeks project What made you interested in investing in this type of deal?
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9 March 2024 | 0 replies
March 2022 Post reno appraisal = $190,000 What made you interested in investing in this type of deal?
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9 March 2024 | 2 replies
Never heard of them, but appears they are building toward a LEED or other type of product.