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30 July 2024 | 0 replies
While no renovations were needed, our expertise in marketing and quick transaction execution significantly enhanced the property's appeal.
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29 July 2024 | 0 replies
This project highlighted our ability to enhance property value through strategic renovations and effective project management, resulting in a profitable sale.
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1 August 2024 | 5 replies
Lender Fees $1,640.00Discount Points $4,680.00Appraisal Fees $825.00Credit Report Fee $25.00Tax Service $68.00Credit Technology and Verification Fee $75.00Title Fees $836.50Owner's Title Insurance $513.00Lender's Title Insurance $2,507.00Transfer Taxes $9,626.00Recording Fees $519.50Total Closing Costs $21,315.00Prepaid Interest 2 days @ $87.53 /day $175.061 year Insurance Premium $1,500.00Property Taxes $3,632.04Insurance Escrow Reserves 2 months @ $125.00 /month $250.00Tax Escrow Reserves 2 months @ $302.67 /month $605.34Total Loan Prepaids $6,162.44Down Payment $90,000.00Total Estimated Due at Closing $117,477.44Loan ProgramPurchase Price $450,000.00Total Loan Amount $360,000.00Interest Rate 8.875%APR 8.337%Product Indigo Edge NonQM 30 Yr FixedYour Monthly housing breakdownPrincipal & Interest: $2,864.32Insurance: $125.00Taxes: $302.67TOTAL $3,291.99
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1 August 2024 | 11 replies
I don't see it. 30 Day Stay https://store.biggerpockets.com/products/30-day-stay
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1 August 2024 | 9 replies
I am turning 18 in less than 3 weeks and can say I have been a business owner throughout my high school journey, from small local hustles to building products in my basement to sell online.I am an aspiring Real Estate investor reading many books and conducting hours of research hoping to build an impressive real estate portfolio in the future!
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1 August 2024 | 12 replies
You will certainly run into challenges that you did not anticipate and it is great to have a responsive and helpful lender partner.Naturally you will want to find a product with competitive pricing and leverage, though keep in mind first time investors do not always qualify for the lowest pricing.
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1 August 2024 | 4 replies
Travis I'm a handyman in Orgeron and I would say you are looking at 25k to 30k as a guide line .Depending on the quality of products you choose, don't cheap on flooring or anything that is done in the wall.Provide refrigerator and stove only un less you go with over the stove microwave.
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2 August 2024 | 53 replies
New unit construction cost's are at/near all time record highs in terms of production costs (labor, material, regulations, tax's etc.).
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1 August 2024 | 2 replies
There are 30 year fixed DSCR loan products which gives more flexibility and piece of mind then a 5 year balloon payment.
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29 July 2024 | 1 reply
How can I leverage my computer science background to enhance my real estate career?