14 September 2018 | 1 reply
If i understand the situation correctly, the "salesperson" you are talking to is telling you that they don't actually check leases, but they want the tenants to be tenants for atleast 6 months?
14 September 2018 | 6 replies
From what I understand so far, wholesaling, flipping, renting, seller financing, and lease options are exit strategies but I'm rather confused on how they're "exit" strategies
17 September 2018 | 27 replies
I'm not sure I entirely understand what you mean about a return from dead equity will consume all income and cause cash flow to be negative.
15 September 2018 | 2 replies
I understand there are FHA loans out there that require as little as 3% down and even a 203(k) loan that allows you to roll your repair costs into the loan amount.
15 September 2018 | 4 replies
All things being equal, I do understand the advantages of having a 3 unit vs 2 unit, but things aren’t equal where I am.
15 September 2018 | 1 reply
., you have to understand that at PM company is in business to make money, and they will do what it takes to maximize profit, and that often means cutting corners, upcharging everything, hitting you with hidden fees.
15 September 2018 | 6 replies
@Joy Jones You do understand if anything goes wrong with the flip and the new owners sue, all the capital and assets in your construction company are up for grabs?
15 September 2018 | 6 replies
Another scenario is if I buy a property from a wholesaler who wants me to pay all of the closing costs, what would those be based on the logic that in this case im paying both the buyers and sellers closing costs.I have purchased a few houses and I have read a few books on flipping and wholesaling, Im just having trouble understanding what values to put in the calculators to determine my Maximum offer amount.
20 September 2018 | 9 replies
It's difficult to understand what you're asking.
6 November 2018 | 1 reply
I understand that there is typically a max number of mortgages/loans that any given person can have (around 10 per person), so would it be best to have the loan in one persons name and on the next purchase it goes in the other persons name (if so are both parties on the deed)?