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2 July 2024 | 16 replies
Maybe they’ll say homes in your market ar built very poorly and always need inspections, even if they we worthless.
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2 July 2024 | 8 replies
They ar saying this job will take 7 hours to complete?
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1 July 2024 | 7 replies
I have a wholesale property for fix and flip in Arkansas.
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29 June 2024 | 12 replies
Mike,If you are not going to cover your belongings and the parts of the Building you ar responsible for, another avenue to try is to see if your Homeowners policy can add that location for Liability only.
28 June 2024 | 10 replies
1) you don’t need/want an LLC2) get a $2M umbrella, super cheap and covers you when you ar responsible for the lawsuit, not the property. (90% of the time.)3) get a VERY good PM, you don’t want a professional tenant living there for a couple years without paying rent.
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27 June 2024 | 14 replies
Below are the details of each property, including purchase price, current estimate, and equity, along with their respective cash flows:Home 1 - Condo, (2 BR, 2 Bth) Fayetteville,NC- Purchase price $50,000 - Current Estimate $75,000, loan amount 0 = Equity $75,000Cash flow - Rent - $825, PM Fees $75, HOA Fee $100, HOA Assessment $163, Taxes $50, Ins $25, Loan Pmt $0 = Cash Flow $412Home 2 - Condo (3 Br, 2 Bth) Fayetteville,NC- Purchase price $89,000 - Current Estimate $155,000, loan amount 0 = Equity $155,000Cash flow - Rent - $1250, PM Fees $112.5, HOA Fee $231, Taxes $90, Ins $30, Loan Pmt $0 = Cash Flow $786Home 3 - SFH (3 br, 2 Bth) Little Rock, Ar - Purchase price $189,000 - Current Estimate $300,000, loan amount $85,000 = Equity $215,000Cash flow - Rent - $1500, PM Fees $150, Taxes $269, Ins $156, Loan Pmt $766 = Cash Flow $159Home 4 - SFH (3br, 2 Bth) Abilene,TX - Purchase price $225,000 - Current Estimate $315,000, loan amount $51,600 = Equity $265,000Cash flow - Rent - $1850, PM Fees $185, Taxes $583, Ins $145, Loan Pmt $1400 (0 Interest) = Cash Flow -$463Total Equity = $710,000Total Cash Flow = $894Sell, Sell with 1031 exchange, Cashout Refinance, HELOC'S...Too many options, i don't know what to do.
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26 June 2024 | 22 replies
Henry Washington is in AR like yourself.
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25 June 2024 | 18 replies
Yes, this exists and credit/liquidity requirements are not onerous.Many satisfied customers over the years and now open in select metro areas in 10 states: TX, NM, AR, MO, IN, OH, NC, GA, TN, ALWe are happy to assist with questions or inquiries.
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22 June 2024 | 12 replies
Hi, I am loooking for suggestions for finding hard money lenders in Arkansas or surrounding areas.
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21 June 2024 | 6 replies
Arkansas - 8.5%8.