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So now with all the market uncertainty there are a lot of deals out there that have been on the market anywhere from 14-60 days that have not gotten any offers. I’ve noticed that some are in really great neighborhoods...
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What’s up everyone!? I have a question regarding max allowable offer.
(ARV x 0.70) - rehab cost = max allowable offer
Example: ($900,000 x 0.70) - $100,000 = $530,000.
My question is, why do I have to subtract the ...
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Hello everyone,I am currently researching for my first flip in Dayton, OH. Fortunately I have a steady job with a decent income and little debt, meaning I can qualify fairly easily for a conventional mortgage. I would...
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Investment Info:
Small multi-family (2-4 units) buy & hold investment.
Purchase price: $600,000
Cash invested: $80,000
BRRRR Duplex in Dallas, Texas. Purchase Price $370k. Rehab Cost $125k. ARV $...
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I'm eyeing a single family home listed for $385k and appraised for $510k in 2019. I plan to acquire the property, rehab, refi and occupy as my primary residence for three years and then rent (military). Do I submit ...
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I'm just getting started so please excuse my novice question but how do you calculate the repairs on a flip? I was told an easy formula is the square footage of the house times $30. Is this a good tool to use?
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Hi,
Looking to buy my first property and was wondering if anyone had a checklist for things to investigate or check before moving forward.
Thanks!
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Hey everyone,
I’m new to fix-and-flip investing and trying to figure out the best way to work with contractors. Yesterday, I walked through a property that needed a full gut, but I didn’t bring a contractor with me, ...
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Hello all!
I'm looking to work with a/some wholesalers in the Charlotte area. I'm new to Charlotte and don't have many networks. I also have a question. When working with a wholesaler, do most just give listings and...
Hi there Bigger Pockets community,I am just getting started and trying to learn. Listening to the BP podcast and reading a couple books I feel like there is so much to absorb and a lot of suggested action to take. I...