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Results (10,000+)
Deborah Walgren Historic Inn Purchase/Reno Help and Questions
20 December 2024 | 2 replies
I can come up with only about a third of the required down payment. 
Justin Jefferson Can someone guide me through the first step of analysis
22 December 2024 | 8 replies
Deduct NEW property taxes after you buyDeduct home insurance costsDeduct maintenance percentage, typically 10%Deduct vacancy+tenant nonperformance percentage(we recommend 5% for Class A, 10% Class B, 20% Class C, good luck with Class D)Deduct whatever dollar/percentage of cashflow you wantNow, what you have left over is the amount for debt service.Enter it into a mortgage calculator, with current interest rate for an investment property, to determine your maximum mortgage amount.Divide the mortgage amount by either 75% or 80%, depending on the required down payment percentage - this is your tentative price to offer.If the property needs repairs, you'll want to deduct 110%-120% of the estimated repairs from this amount.Be sure to also research the ARV and make sure it's 10-20% higher than your tentative purchase price.As long as the ARV checks out, this is the purchase price to offer.It is probably significantly below the asking price.
Christine Song Storage passive investment
18 December 2024 | 4 replies
Just looking at their website,  there is no useful or helpful information that a sophisticated investor would normally require (to even give them a chance of being considered).
Chris Yeung Investing in Norada Funding's notes
19 December 2024 | 55 replies
Unfortunately it’s an SEC requirement to be accredited for an investment filed under Rule 506(c) — which this investment is.
Peter W. Housing Hacking with Second Home Mortgages
20 December 2024 | 5 replies
Their strategy focused on targeting traveling nurses, a niche market with reliable demand.As for repeating the process in the same city, it's doable but requires careful planning.
Joseph Chacko vellukunnel Rookie investor exploring a multi family in jersey city heights
17 December 2024 | 8 replies
If you only have to resand the flooring and it's cheaper, maybe go with that instead,JC township will definitely require permits for plumbing, electrical, gas lines.
Robert Jackson Spec Build - How to finance?
18 December 2024 | 6 replies
They usually require experience and they are lots of docs needed from architect drawings to a lot of permitting. 
Arron Paulino Real Estate Investing in the Bay Area (East Bay)
17 December 2024 | 2 replies
As far as capital, most investment loans would require you to do 20-25% on a SFH.
Chris Olandese Tenant threatened to move out
18 December 2024 | 13 replies
Anyway, there kind of things can get messy if they go before a judge, so if it were me, I would just give her formal notice of termination NOW (allowing for the required days of notice per lease). 
Otto Kinn Best Strategy for Acquiring Subto VA Loans
20 December 2024 | 3 replies
Of course if you are required to pay off the 2% mortgage then your cash on cash ROI goes way down, but with a 30% equity cushion you’re still way ahead.I really dislike contractor for deed, lease option, or not recording warranty deed as “solutions” for the due on sale clause.