Ben Fernandez
Relocation Sale to Renovation in York, PA
5 February 2025 | 0 replies
Purchase price: $74,000 Cash invested: $25,000 Sale price: $145,000 I acquired a property from a couple needing to relocate, with significant repairs required.
Ben Syzek
New Investor Interested in Colorado Springs and Salt Lake City
6 February 2025 | 18 replies
You're gonna want to be around $400k purchase price to be in a good area too.
John Jacobs
Question: When Does the Seasoning Period Commence?
7 February 2025 | 9 replies
Seasoning for ownership typically starts on the purchase date.
Zalman Schurder
3 unit multi family
4 February 2025 | 1 reply
Purchase price: $655,000 Cash invested: $40,000 Sale price: $770,000 Purchase and hold.
John Chapman
Reporting loss from a rental property fire and the insurance proceeds
6 February 2025 | 10 replies
I have owned it for a very long time and had depreciated most of the original purchase price.
Colton Bridges
How to refi out of hard money loan/multi unit
3 February 2025 | 25 replies
I used a hard money loan to purchase this off market deal.I rehabbed the upper two units within two and a half weeks and have a renter already lined up for one unit.
Leroy Fryer
You just had to do it!
2 February 2025 | 0 replies
I went all in, I had a few 401K’s so I cashed in the one that was growing the slowest and took the penalty and purchased my first property.
Shayan Sameer
Need Advice on Fix & Flip Project in West Palm Beach
4 February 2025 | 7 replies
The larger the purchase price the greater the spread you need between purchase price plus holding costs plus rehab cost and ARV. 40k projected profit on a 600k project is too skinny for me.
Tyler Garza
Shoot Down My Beginner Strategy
7 February 2025 | 54 replies
The lender For the DSCR loan uses the $195,000 purchase price plus the $45,000 To come up with the purchase price plus rehab.
Reid Laliberte
Auburn Off Market Acquisition
3 February 2025 | 0 replies
Purchase price: $275,000 Second investment property purchased in 2021.