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As a Newbie Investor, I am afraid of making a Bad decision & I would so much like to avoid it... As you all know from experience, I have spent weeks looking for my first deal. Most sold before I found them or were...
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Hi Everyone, anyone ever in a situation where the lender doesn’t give you 💯 of renovation cost and the project cost money, what do you do when you run out of money? How can I be creative will other hard money lender g...
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Hey Everyone,
I have been wanting to start my rei career for some time, but some circumstances stood in the way. Anyways I want to take a chance.
I was doing some research and I found a house that seems like a grea...
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I am using the purchase with hard money, rehab, rent, then refinance with commercial lender plan.My hard money lender charges 5 points on the first deal, 4 points on the second, 3 points on the third ect... Now that w...
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I'm wondering what is the average cost per square foot for a contractor in the Kansas City, MO area. Can anyone please help me?
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Thinking of purchasing a 3 bedroom 1 bath house with fha financing. Would like to fix it up and pull equity out of it within a 2 year period to buy a duplex. Trying to pull comps right now. Thinking the arv should be ...
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Hi Folks,Atlanta's a booming place, it seems. All of my cash buyers have told me they want a 65-75% discount, but I'm finding that once I allow for - rehab, of course, - a fee for me and - closing fees if it's bank-o...
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When evaluating properties, I try to use the 10% of rent for maintenance, cap-ex, management, and vacancy. So 40% of rent set aside total to be on the safe side, but this obviously is very generic. Obviously a house b...
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I’m need help deciding. I can buy a duplex cash, have $1000-ish in cash flow, but not have much appreciation after any ARV. Or I can buy a house with a loan, do some remodling thus increase the ARV in a gentrifying a...
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I am looking at buying a home and renovating it into what I need (3 bedroom into a 5 bedroom with garage). I have the 20% down. What is the smartest way to do it? Put the 20% down or take the 20% and Reno then refi to...