Transactional funding wants two points against a 14k spread
Working out whether double closing pencils at my deal size. Purchase 185k from seller, resale 199k to a landlord buyer who already knows the street. Spread is 14k. The funders I'v…
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Working out whether double closing pencils at my deal size. Purchase 185k from seller, resale 199k to a landlord buyer who already knows the street. Spread is 14k. The funders I'v…
Contract with the seller is 182,000, cash, 21 day close. End buyer is a local flipper doing three or four a year, signed at 214,000. So 32,000 of spread. Why I'm not assigning: th…
Working out the sequencing on paper before I commit to anything. Say I buy a house, live in it 24 months, sell, and the gain is around $180k. Single filer, so under the $250k cap,…
We closed on the sale two months ago, so I can finally write this up. House was a 1,650 square foot 1940s two-story in a first-ring suburb, bought at 218k, worst house on a decent…
Thin margins, fast deals, and I'm now hearing from a broker that dual agency claims are the ones that get agents sued and that carriers treat them differently. Is that a real thin…
Small rural market, maybe 900 people in the town. Two houses on the market that fit what I'm after, a 3/1 at 94k and a 2/1 with a decent outbuilding at 78k. Same agent on both. Sh…
This keeps coming up as the thing you do when you have no marketing budget, and I've heard it from enough people that I want to know what it actually costs before I ever try it. F…
I read houses for a living from the framing side, so I tried using that on a driving list instead of mailing everything at once. 90 addresses logged over six weeks in an older tra…
Sold a piece of equipment and a small parcel in 2024 and had about 96k of gain. Plan was simple in my head. Buy a beat up two story in a designated tract, do most of the work myse…
Twice this year I've been asked to frame for builders doing one-off spec houses, and my crew is small. Both times I said no because my guys were booked, and both times the builder…
This was a house I ended up owning through a partnership unwind, 6,800 square feet in an established high-end suburb, 2006 build, good bones, dated kitchen. I decided to run it li…
An operator I've lent to twice on rehabs asked for something different. He wants $18,000 for 30 days to cover earnest money and a small non-refundable extension on a contract he's…
My monthly software bill has crept up and I can't tell what's earning and what's just sitting there. Right now I'm paying for a data platform, a skip tracing account, a dialer wit…
Contract at 132k on a 1980s 3/2 in a subdivision where everything sells. Seller had moved for work and had a tenant who stopped paying. Assigned at 146k. Fee 14k, split 50/50 with…
I do a lot of due diligence on passive positions and I've started noticing distressed houses near the ones I look at. A friend who flips said I should just send them over and he'd…
An investor I met through a contractor I know sent me six addresses and asked me to go look at each one, take exterior photos, note whether it looks occupied, and tell him if ther…
Numbers first, because that's the only part that transfers. Pull was absentee owners, 15 years or more of tenure, estimated equity above 60 percent, single family, no listing hist…
Two networks in my area, same size, roughly the same buyer coverage, opposite pricing. The first charges $95 a month flat. Access to the shared buyer list, the group chat, a month…
Costing out a first deal and I keep hitting a mismatch between the two headline figures everyone cites. The 2025 Real Estate Bees survey of over a thousand wholesalers put the nat…
I've been sitting on the sidelines reading county notices for about five months. Everything I read about the auction stage says cash or certified funds, sometimes same day, someti…