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19 February 2025 | 4 replies
Spring may be better but I was unable to sell a cheap house in October for 5% off of “market value” and only sold a $600k home in January by listing it for $580k and I still only got one offer. ($150k down, 5 year seller financing.) my point being you may get $20-$40k more in a year if you don’t need to sell.
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12 February 2025 | 3 replies
I would say if those are the true numbers, the place would have sold instantly already.Purchase of $179k and rehab of $150k to get a value of $735k is almost unheard of.Main red flag is that something else major is wrong with the property.
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19 February 2025 | 12 replies
Saturday is the only day that works(this week or next whatever works for you).Just based on face value, I prefer to invest in locations that borders the county line (21218, 21215, 21213, 21212).
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2 March 2025 | 11 replies
. - Private lenders are not just sources of capital but can also be strategic partners who bring value to the table. 3.
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20 January 2025 | 9 replies
This is a reposting of a previous postI value Matt Scott's commitment to help me in with my success.
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10 February 2025 | 2 replies
Too many wholesalers are so eager to get a contract that they lock up properties way above market value, hoping to find a buyer who doesn’t know any better.
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18 February 2025 | 16 replies
But on 100 year old homes in low value neighborhoods capex often exceeds cash flow over time.
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23 February 2025 | 4 replies
Here are the key details of my situation:Rental Property Details (Note: This was our primary home till 2017):Current Value: $970,000 to $1MPrimary Mortgage Loan Balance: $505,000 (@ 2.6%)Took Home Equity Loan on this house to make down payment for my current primary residence.Home Equity Loan Balance: $123,000Total Loan Balance: $628K (Primary Mortgage + Home Equity Loan)Rental Status: OccupiedPrimary Residence:Purchased in 2022Mortgage Rate: 7.3%Current Loan Balance: $650KMy goal for 2025 is 2 fold: #1.
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7 February 2025 | 3 replies
15year fixed rate loan How did you add value to the deal?
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28 February 2025 | 10 replies
It is a killer market that seems to have doubled in value overnight.