11 June 2018 | 5 replies
Taxes take a big bite but I have been thinking as a cash buyer one might buy at a bit of a discount.
7 June 2018 | 10 replies
I guess its like Victor said above.I looked in to Singal family (SFR) but there is more competition from home buyer and its harder to get a great deal cus they realy want that spesific home and will overpay just to get it...From my understanding there is more investors involved in a multie-family property and they all want a great deal.
5 June 2018 | 1 reply
Well, we have no idea what their contract said about insurance but usually the buyer is responsible.
20 June 2018 | 21 replies
Ok @George Randall, I basically bought a property for $39,000 with ARV at $150K.
8 June 2018 | 0 replies
Originally asking $152k for wiggle room, buyer offered $145k cash.
8 June 2018 | 0 replies
Originally asking $152k for wiggle room, buyer offered $145k cash.
11 June 2018 | 5 replies
Yes a MLO is different, they qualify the buyer and keep you straight during the origination process.
2 January 2020 | 3 replies
Best case for most investor buyers would be if a tenant is month to month, so then as soon as you close on the property you could present the existing tenant(s) with YOUR new lease with your preferred terms and likely higher rent rate, and then they will either accept or you can negotiate or decide to give them notice.
15 June 2018 | 10 replies
Basically, in cases where you take on debt in order to make a distribution to the owners of a business, the portion of the debt related to the distribution may not be deductible.
15 June 2018 | 13 replies
A SFR is very easy to sell and has a much larger pool of buyers.