All Forum Posts by: Cliff C.

Has anyone cashed out their 401k after the CARES Act was passed this year?  Was it difficult?  I am considering cashing out and putting it in rentals  

cliff

I am interested in learning more about this also. 

How do you guys structure closing costs and commissions in your deals? Roll into loan? Pay cash? Or not pay at all (make seller pay)?

Also, would you walk away from a deal if seller refuses to pay any closing costs and commission?

Thanks!

What kind of numbers are you getting and how are you finding deals? My agent in huntsville says deals on SFR meeting 1% rule are difficult to find these days and hasn't sent any my way in a while. I am ready to buy some more soon.

 Great post!  What kind of opportunity?  Do you mean a dip in the market?  How are you going to prepare for this?

Thanks!!

Yes, how can i find this to watch also?  I wanted to attend but was unable to. 

Thanks!!

Hi!  I am looking to invest in the Birmingham area. Has anyone had success with any lenders willing to finance section 8 properties?  I am running into an issue finding a local bank. 

I have a question about Section 8 properties. What do you budget for repairs and maintentance usually when evaluating these properties?  I understand that i should expect and budget for more repairs expense with low income housing but what should my expectation be?

Also, in your experience is the increase in repairs with Sec 8 housing typically due to the tenant or the quality of house?

Thanks for everyone’s help!

@Tal Simpson have you had any trouble financing these properties in Eastlake? I had a deal in Center Point and it didn’t appraise. Would i run into the same issue in this area? The market prices seem to have increased.

Thanks!!!

hi!

Does anyone invest in Eastlake? What has been your experience in that area? What challenges and risks do you see?

Thanks for your help!