5 December 2024 | 31 replies
However, one of my biggest concerns when fixing homes is knowing when to use permits.
5 December 2024 | 48 replies
Hi have a home I am putting an offer on for $219,000 listing price.
5 December 2024 | 2 replies
I am an ambitious DIYer and have upgraded every part of my personal home in some capacity.
5 December 2024 | 7 replies
I wonder if they “purchase” the home with $600/mo.
5 December 2024 | 10 replies
Obviously, this is not something easily done with a commercial warehouse, but theoretically you could do ANOTHER 1031 exchange of the warehouse after the prescribed number of years is up, for a residential home, rent that home out for the prescribed number of years, and then move into IT.
5 December 2024 | 4 replies
Im an agent that would like to purchase a home off market from a client.
5 December 2024 | 19 replies
Over the past week, he’s been glued to his computer, looking at rental properties, analyzing listings, asking questions about cash flow and what makes a great single family home a *good investment*.
5 December 2024 | 2 replies
We already have a primary home.
5 December 2024 | 6 replies
Start with your primary, rent out any spare bedrooms "house hack"Use that to practice upgrades, kitchen, bathroom, curb appeal... etcNow you have experience as a landlord and flipper, use that to buy a distressed propertyAdd 40% equity to the property through home makeover, refinance into a low cost mortgageNow you are cashflowing a healthy margin on a second property, use that to build equity over time, cashout later and buy your duplex/quad.If it's going to take you 10 years to save up a down payment for a small apartment building, yeah it makes more sense to start growing your portfolio with cheap SFR flips instead.Every market is different, every borrower is different, every property is different, it would be ill-advised to recommend anything without recognizing the individual's nuanced goals and objectives with their next acquisition.
4 December 2024 | 7 replies
I don’t have a lot of money right now and I was considering putting my current home up for rent and moving into a new home in a new location.