Does the 70% rule still apply when dealing with million dollar homes? Or as the price gets higher can your MPP as a percentage of the ARV increase?
In most markets, when the price goes up, so does the rehab b...
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Im looking at purchasing a 1200sf 3/1 house that's dated, old appliances, cabinets, bathroom, etc. Roof and HVAC have been replaced. For rental its okay as-is, for resale it would need rehabbing for top dollar. My opt...
Hey guys - I purchased a rental property two years ago and it recently developed a "slab leak" from a broken sewer pipe underneath the bathroom area of the home. Plumbing plus rehab service has quoted $35K end to end ...
Hey there, I'm new to bigger pockets, but not new to real estate investing. This is a great forum to discuss the creative side of acquiring property! If I make an offer to purchase a property subject to the existing...
here's the deal:
He owes 68k
He paid 65k in 2004
Current Market Value: $50-55k
ARV: $65k-70k
Repairs needed: $10k
I'm thinking of making my top offer with the lender $35k. That would leave me with a $20k profit, ...
I’ve been doing much research and learning as possible for the past few months . I have saved a couple thousand so far but would do a lot better if I had a goal . Wonder what’s a good amount to save up before getting ...
Not sure if the terminology is correct here. I'm a wholesaler looking to do my first and we have a lead on a property that I've been working with the sellers for over 10 months now. They haven't been paying their mort...
Investment Info:
Single-family residence buy & hold investment.
Purchase price: $20,000
First rental property with the intent on BRRRRing. Considering utilizing Section 8 for this house and a few ot...
I am evaluating a struck off property (SFR) that has been gutted in Texas (TX has 2 yr redemption period). I know the chances are small (of redemption,) but just wondering after I rehab the property, if the previous ...