Kenneth Jenkins
Maintenance Expectations in Metro Detroit
3 January 2025 | 6 replies
This is just a brief post to give some insight into the local maintenance costs in the Metro Detroit area.
Jordyn Ohs
How much is to much leverage?
16 January 2025 | 6 replies
For example do you have a great w2 and can you afford to cover costs of a major repair or 3 months of vacancy?
Deltrease Hart-Anderson
New construction in old neighborhood
10 January 2025 | 6 replies
FWIW, I'm going to base this off a 1,500 SF single family new build, but I'll predict the build cost will be a little over $200/SF.
Jerry A.
Exploring Cash-Out Refi Options
6 January 2025 | 5 replies
A cash out refi should take 2-3 weeks with most lenders, and you should have only an appraisal a credit report fee as upfront costs.
Tim Holt
House Hacking in expensive markets - MA and RI
4 January 2025 | 14 replies
The question to ask is: Is my housing cost better by househacking vs renting.
David Sohn
Buyers Rep Necessary?
7 January 2025 | 2 replies
You are not paying for their services and won't cost you anything extra anyways.
Dylan Watts
Single family rental unit with a pool
14 January 2025 | 7 replies
Most won't insure pools with diving boards or ones without a VGBA drain.2) Include the cost of a pool company to manage the pool in the rent.
Skyler Shively
DSCR lenders, HML with low or no minimum loan amounts?
10 January 2025 | 15 replies
Any lower than that and the costs of the mortgage are typically a very high percentage of the loan amount.
Arthur Crum
RAD Diversified SCAM ALERT!!!
17 January 2025 | 238 replies
The cost to do so was 50k to join.
Ilia Zakharav
Convert 6 unit multifamily into condos, 1031 after
9 January 2025 | 2 replies
Real numbers- purchase 907k,rehab , closing costs, soft costs, 840k, all in 1.747 mil, basis for each unit should be roughly 291kappraisal of each unit minimum 400k , so 2.4 mil if for all 6.I might refi only 4 out of 6, that will cover initial loan amount.