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I've read and re-read this entire REO forum, and the entire wholesale forum. I've picked up some amazing information, some cool approaches and techniques of the trade. I understand the general approach of REO wholesal...
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Hey all,We're super interested in getting into apartments, but I'm struggling on a few things when it comes to the analysis. 1. When considering work that needs to be done to the property, such as remodeling rooms, sh...
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Here’s a recount of my first BRRRR (Buy- Renovate-Rent-Refinance-Repeat) deal with specific details/numbers. This post is long and detailed, but for those who spend the time to read through it, I hope it helps.
How...
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Okay, so I'm crunching numbers on different BRRRR scenarios for SFRs, and just wanted to make sure I'm crunching my numbers right.
In a nutshell as an example: if I buy at $175k, put 25% down, and add the usual clos...
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Here are the numbers and the situation.
House is for sale. It is listed at 325k on mls, but after talking to the agent who is has the listing he said they will settle on getting the house sold since they already purc...
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Hey everyone! I am new to investing and have some questions I hope you all can help me with. First, I recently made an offer on a home that was on the MLS. Asking price was $90k. My realtor gave me a number to figure ...
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Looking for a little help on the schedule E for Fiscal Year 2023. I and a partner are trying to figure out this best way to handle taxes for 2023. 3 units are being renovated currently, how do we know what cost should...
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Hi We are looking at purchasing our 2nd rehab to rent investment property of a 2Br/1Ba townhouse. We are using traditional financing 30 fixed with 25% down. The home is being priced at 150 and we expect to get 1350 in...
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I have done 2 flips with my cash only so far and I'm trying to finally go with fix and flip loans to buy multiple houses. Usually these fix and flip lenders do ARC up to 85%~90% & rehab 100%, so I know I have to p...
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Hi everyone,
Does anyone have any quick ballpark figures on full rehabs in Philadelphia for rental properties? I want to start doing full rehabs BRRR strategy in Kensington area. I have prior experience but not with ...