30 July 2020 | 3 replies
To Tim Waltz, MN governorPOSTED ON JULY 15, 2020 BY REALESTATEADMIN7/13/20 you extended eviction moratorium.
16 July 2020 | 0 replies
They’ve just released their list of first, second, and third offerings, and after scouring nearly 600 pages of offerings, I’ve found a handful of properties that seem interesting enough to invest in: ie, not along a river that is known to flood, not some weird 20 square foot triangle of land between neighborhoods, and not a $20k property with $100k in taxes owed on it.
17 July 2020 | 2 replies
I STRONGLY STRONGLY STRONGLY suggest, never do it on your own the first time. partner with somebody who has done it before in exchange for a piece of that pie, id take 50% of a pie + an amazing experience learning and building relationships with EFFICIENCY than going through the school of hard knocks learning on the fly getting screwed over by 1 or 2 people, extending your job out extra months (opportunity costs) and walking away with more than the first scenario I laid out, and even then I would be hard pressed to believe a first time flipper would walk away with more in scenario 2 anyways :)let me know if i can be of help im a flipper/agent here in Sac
19 July 2020 | 6 replies
Not sure about your jurisdiction but securing proper permits could extend the time of your rehab materially.
17 July 2020 | 4 replies
There's definitely a lot of mortgage brokers or lenders that will provide pre-approvals for up to 90 days which should be plenty but then it usually super simple to call and have them extend it if you get to the end of that 90 days.
18 July 2020 | 7 replies
Here are the vitals:600k purchase with 20% downLow maintenance and tax abated for another 15 years (which made it look as a good investment)Rented out, Cash flow of $82/moBUTThe board has imposed a $400 special assessment for one year, then extended for another year, and now want to extend that fir another year (they want to build reserve funds as maintenance too low).
19 July 2020 | 1 reply
Seller needs to negotiate a partial release with the bank regarding the duplex.
21 July 2020 | 7 replies
Nothing bad has happened to you yet, unless you neglected to mention you were released from your job or a major repair fell in your lap.
20 July 2020 | 4 replies
If it extends, may be another year or less.