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First ever post here!! My question is how are you professionals able to cash out refinance on LTV without waiting the 6 month seasoning period? Are there requirements that must be met? Does it depend on the bank? Does...
Hi Everyone,I live in Phoenix, and I'm under contract for a single-family detached home in University Hills. I was able to secure seller financing, which leaves me to find funding for the rehab. This will be my first ...
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I just got home after thinking about investing all day today at work. I decided to look on Zillow for foreclosures that fit my price range. My plan is to buy foreclosures for a low (but modest) price, flip it or make ...
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How profitable would this be in the District, Maryland & Virginia (DMV) market? I noticed Bethesda, MD is an area where this is popular.Maggaline
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1. How can I improve my accuracy at assessing rehab costs?I have an engineering background, but know little about estimating.2. What permits or licenses should I consider when doing my own rehab work?I know its varies...
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How should repairs be estimated on a potential buy:1. Bring a general contractor with you to give an estimate before purchasing.2. Bring different contractors for each area of repair before purchasing.3. Get an inspec...
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Question for experienced investors only.Let's say your general contractor quotes you at $12k per unit to update interiors (paint, install vinyl floors, formica countertop, refinish cabinets, and new appliances). Also,...
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Just starting to look for good deals as a beginner investor looking to buy fix and flip. As somebody that doesn’t have the capital for a down payment, I am interested in using a hard money lender. Couple of questions;...
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Hi Guys,So I might have a wholesale deal but I'm not sure. I haven't put it under contract yet, my concern is that if I do and if the price is too high I won't have a buyer. So I would like to be able to gauge the int...
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Hello, I recently closed on my first (duplex) property to BRRRR. The property is in decent shape and requires medium rehab. As a newbie to this, I’d like to know what are some ‘typical’ rehab items/strategy to maximiz...