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3 February 2025 | 15 replies
Some may have very small thresholds for repair holdbacks on purchases but this is typically limited to make ready items not to exceed $2,500 in costs to cure.
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3 February 2025 | 0 replies
Purchase price: $2,500 Cash invested: $5,000 Single family House (2 stories), 3 bedrooms, 1 bath. 1100 sq ft. on Corner LotSingle car garage with 16' x 24' lean too.
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9 February 2025 | 8 replies
I was to purchase a house in NC, but due to some information that was not disclosed about the house, we decided not to buy it.I will be getting my due diligence money back and asked for money back for inspections but seller refused.
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7 February 2025 | 11 replies
(Which you could also then do with your new purchase in 2 years.
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1 February 2025 | 5 replies
Most propane suppliers will offer a discount if you purchase your own tanks outright, I save around $1.00 per gallon.
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11 February 2025 | 22 replies
They will lend you their IRA money.My friends and family lend me 100% of the purchase price AND rehab money.
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4 February 2025 | 5 replies
This amounts to lost opportunity because if you had purchased RE, at the closing it can start producing return. 5) ADUs detract from the existing structure whether this is privacy, a garage, or just yard space. 6) this is related to number 1, but there are many more buyers looking to purchase homes for their family than there are RE investors looking to purchase small unit count properties.
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28 January 2025 | 11 replies
Consult with an attorney to provide a purchase and sale agreement in your respective state with an assignment exhibit included.
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13 February 2025 | 4 replies
I purchased my first single-family rental last year on LLC and I did the cost segregation study on that property now I talk with my CPA and mention about the cost aggregation study for filing the last year tax return (2024)he said that I don't need to use it because anyway my tax return is going negative because of all the expenses of closing cost insurance HOA and everything so what would you suggest me that use my Cross aggregation study for my tax return or not. thank you in advance for your response .Have you spoken with your cost segregation partner?
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12 February 2025 | 3 replies
Purchase price: $137,500 ($44,000 in to the property... loan at $101,000)Appraisal: $180,000 ARV: $195,000Est rehab cost: $7,500Scenario #1: 75% LTV cash out refi at 4.25%...