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10 June 2024 | 6 replies
It is a risk to hold the place for an extra month.
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12 June 2024 | 1 reply
Although i have positive equity and the value of the house went up I’m breaking even with no cash flow.
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12 June 2024 | 5 replies
Considering that “track record” is an issue, our first deal will probably be stabilized with day one cash flow.
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12 June 2024 | 57 replies
This might not seem like a big deal, but when you have several properties it is great to have a picture with an address.It costs tenants extra to pay rent through doorloop, it is free on tenant cloud.
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13 June 2024 | 20 replies
This is the typical investment strategy for wraps - buy on a wrap (non-qualified assumption) and sell on a wrap and cash flow.It is all a matter of disclosure and the end buyer's acceptance of the risk.
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10 June 2024 | 4 replies
The reality is the opposite - if it's not in writing then the PMC doesn't have to provide the service or can charge extra for it!
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12 June 2024 | 26 replies
Saying that, we are only interested in buy-and-hold investments that offer positive cash flow upon purchase and some minor non-structural reno's.
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10 June 2024 | 4 replies
Is there a typical amount that may be offered extra to help them out after I come to my price?
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12 June 2024 | 2 replies
Obviously wholesalers is a main way but 9 out of 10 times you will need to pay with cash or HM and probably won’t have an inspection or option period.
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11 June 2024 | 5 replies
Apparently our DTI is too high for the HELOC so we can do a cash out refi but that is less desirable because it means we cannot then get the loan for the rental property despite having 25% down.