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11 December 2024 | 6 replies
List of all items remodeled and how much they cost and the comps in the area (some appraisers come from out of the area and you know best what the comps are and numbers are).Other option: if the numbers turn to be tight and you cannot refi, I would think about selling it lower and taking less on the deal to get your hands washed from the project.
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10 December 2024 | 5 replies
What are some things I can do after going under contract to lower closing fees?
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10 December 2024 | 39 replies
The higher the risk, and the lower the DESIRABILITY, the greater the cap rate.First we need to lower the $85k “net” to probably $60k to account for property management.
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12 December 2024 | 0 replies
Costs ran significantly over on both of these items and not being in the area it was not possible for me to add my experience in renovations to lowering them.
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12 December 2024 | 3 replies
Invest in a relatively close, lower-cost market.
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10 December 2024 | 36 replies
We were told the secondary market started rejecting the lower priced paper that they were originating and they were forced to raise the rates.
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13 December 2024 | 7 replies
@Travis Smock A cost segregation study could benefit your 6-unit property by accelerating depreciation, even on a lower-value property like yours, especially with low land value.
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12 December 2024 | 10 replies
Generally lower than ordinary income taxes on sale depending on your tax bracket and holding period.Whether or not you are considered a Primary Residence vs.
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16 December 2024 | 17 replies
The barrier to entry is lower so they seem attractive, and to the person who knows what they are doing, they can be very profitable.
10 December 2024 | 2 replies
Again PMI offers the lower rate because its less risky and offers insurance to the bank.So when you sell your current home try and keep as much as possible and avoid an "All Cash" offer.