Owens Valley, CA · Member since 2018 · 19 posts · 0 votes
My current mode is to buy distressed, repair to conventional funding standards, and unload quickly at a discount so that the buyer will have immediate equity and possibly continue improving the house to maximize returns or place a tenant for cash flow.
But perhaps I'm missing the mark.
If you are a first time buyer looking for your first home to invest in, what is important to you? I look forward to your enlightening responses!
So you're a turnkey operation. Go look at their websites and see what they do. I'm guessing its more about marketing and the #s than anything specific you do to the house.
My current mode is to buy distressed, repair to conventional funding standards, and unload quickly at a discount so that the buyer will have immediate equity and possibly continue improving the house to maximize returns or place a tenant for cash flow.
But perhaps I'm missing the mark.
If you are a first time buyer looking for your first home to invest in, what is important to you? I look forward to your enlightening responses!