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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.
Carl Rowles Is it worth it? Mobile Homes?
16 December 2024 | 17 replies
But, it's a unique strategy that requires more knowledge than expected.
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).
Travis Smock Cost Segregation Questions - Newly Aquired Property
13 December 2024 | 7 replies
For tax purposes, it’s about whether you pass the 750-hour rule, the 50% rule, and meet the material participation requirements.
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.
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. 
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.
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.
Jeff Hines How would you start investing if you had $150k???
17 December 2024 | 86 replies
This would allow me to save money compared to paying cash or the huge Down-payment DSCR loans require.