10 January 2025 | 4 replies
The terms and costs will depend on the property, your personal situation, the location, etc.
9 January 2025 | 11 replies
You cannot deduct your rehab costs until the property is in service.
10 January 2025 | 8 replies
We have our own design team, contractors, and real estate agency under one roof, which saves time, cuts costs, and improves communication across projects.
9 January 2025 | 6 replies
Credit cards have the same limitation on the amount you can borrow and will likely end up costing more than private lenders.
8 January 2025 | 0 replies
On 12/19/2024, we sold it for $99,000, securing a great return.
9 January 2025 | 0 replies
Closing CostsMake sure you also budget for closing costs, which are a collection of fees and payments made to the various parties involved in your transaction.
9 January 2025 | 9 replies
Best approach is to have your "team" set, before going out to secure properties.
8 January 2025 | 10 replies
You will receive the security deposit in Checking but then transfer it to Savings.Savings: Hold the deposit here so it's separate from operating funds.
7 January 2025 | 5 replies
I see hard money lending as just part of the cost when doing these kinds of deals.
9 January 2025 | 5 replies
Cost $5,000I sent out 500 post cards on several occasions that I designed and bought two houses.