11 December 2024 | 8 replies
I see that you plan to wholesale, and this typically doesn't require lending/a lot of cash unless your plan is to flip/hold the property.
11 December 2024 | 4 replies
As an investor, you'll need to wait until this period expires before your offer will be considered.Additionally, Freddie Mac may require proof of funds or a pre-approval letter with your offer, and they often prefer cash offers or conventional financing.
11 December 2024 | 1 reply
Purchase price: $255,000 Cash invested: $75,000 Sale price: $415,000 Getting a little more comfortable with our processes
11 December 2024 | 11 replies
Equity and cash flow are equally important when deciding whether to pull money out.If you can put the equity to work by adding another property while still having a nice cushion on your cash flow, then I would say definitely yes.
11 December 2024 | 4 replies
However, we have a lot of questions about pitfalls and unknowns especially with older properties, or if there is a better investment strategy since cash flow properties in our area aren't meeting the numbers we are looking for.
12 December 2024 | 12 replies
Because I agree I want to keep annual costs down.If a WY LLC buys a property all cash there is no public record with your name on it, the manager/member remain private.
11 December 2024 | 1 reply
Unlike traditional banks, which focus heavily on personal credit and income, portfolio lenders prioritize the cash flow of your property.
11 December 2024 | 1 reply
Purchase price: $25,500 Cash invested: $10,000 Sale price: $69,900 Quick Fix & Flip.Property was completely deserted & the family was indecisive about their plans for the home after a recent passing.
11 December 2024 | 5 replies
The lender required that the property be tenant occupied/cash flowing.
11 December 2024 | 8 replies
I am a realtor here and if you are looking for cash flow and appreciation, it seems to be the place to go.