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I would love to hear the terms of anyone who has been successful with buying properties through owner-financing. What are the terms of your deal, and how were you able to convince the seller to sell via this strategy?...
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Please let me know how to recoup my 10 % down at closing I’m trying to figure out how to recoup my down payment . purchase price 120,000Repair cost 10,000 Down payment 12,000 Loan amount with repair cost = 118,000So ...
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Should I still consider CapEx for a SFH (had it at about $150/month) for monthly cash flow if I only plan to hold a property for 3-5 years? Long term vision is to consolidate properties into a large multi family.
Any...
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Does anyone have a proven formula for figuring net profit from a flip? I have been quoted 68% of ARV, minus rehab costs, for max purchase, but net profit seems over inflated and does not seem to include enough holding...
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I'm looking at purchasing duplex below and I want some good advice on the deal. Also this duplex has been well maintain and recently updated.Purchase Price $149000 - 30 year @ 5.77 Down Payment- 10%2BR-1.5 BA 2178 SQF...
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I posted in the marketplace here on biggerpockets a home that we were selling for 187,500 with the arc being 250,000 with 20,000 being repair cost and did not receive any replies. I am new to investing. Can someone ...
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Hello,I have a question about a loan prepayment. I borrowed money from a family member. Since it was a large sum and we did not want to pay gift tax, we did it as a loan using the IRS interest rate that was effective ...
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My wife an I just put an offer in on our first property, a singe family in Oklahoma City. To get an accurate (probably high) estimate of the per month capex costs over the twenty year period that we plan to hold the p...
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I have used the website calculator to analyze the property, but I am struggling with the following questions:Typical Cap Rate for your Area (%)? I do not understand what this is asking.Struggling with predictive numbe...
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Hi everyone, I’m Niki from Seattle. I’m new to REI and very late to the game so I’m glad I found this community. I’m hoping to find a good 2-4 unit investment property in the next few months that has good cash flow t...