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17 December 2024 | 3 replies
If it would help to get a more detailed estimate feel free to reach out.Documentation is rather limited, just ID, bank statement, LLC documents to start.Sometimes there are interest-only options at 30 and 40 years, generally the difference in payment fully amortized over I/O is minimal so it may not be worth it.
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16 December 2024 | 11 replies
With investment properties, you can typically borrow up to 75% of the appraised value - significant funds if the $245,000 estimate holds.
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4 December 2024 | 4 replies
The best way to estimate expenses is experience and knowledge of your specific asset type and market.For vacancy, that will depend on your market and the quality/desirability of your type of unit.
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17 December 2024 | 17 replies
Yes, estimated about $30-35K in repairs and negotiated that into the purchase price as best as I could.
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17 December 2024 | 8 replies
I'm getting a contractor/ structural engineer to come by and help me draw estimates and understand how serious these issues are.
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8 December 2024 | 1 reply
Are there any good resources online to be able to get an idea of average monthly/yearly expenses like utilities, etc. for a given zip or city?
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31 December 2024 | 76 replies
Do your underwriting and be conservative in your estimates.
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15 December 2024 | 3 replies
Reno and house appreciated quite significantly 400k to 550k estimated.
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19 December 2024 | 8 replies
This was very hard and time consuming, but I'm on the other side of the permitting process and ready to build.I am estimating the 6 cabins will be about 900k to build and will be worth 2x that when built.
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15 December 2024 | 2 replies
Good afternoon,Could anyone help me to estimate my monthly expenses if I rent out my single-family house in Sutton, MA?