28 August 2020 | 16 replies
In fact, the rehab will cost a little more than the purchase price.
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14 January 2024 | 8 replies
Have a Contractor come and look at this...if the ground runs backwards towards the house it can cost a fortune to fix and in some cases it is not even possible and then you're screwed....
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15 January 2024 | 1 reply
They can set up the LLC(s), review the mortgages (if any) on your current properties, and quitclaim them to the new entity.Yes, you can do this yourself, but my attorney did this for me years back, which cost a few hundred dollars.
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19 March 2015 | 115 replies
Otherwise, it's about as low cost as it gets.
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5 May 2023 | 15 replies
Quote from @Jeff Costa: @Nathan Gesner When is BP going to give you a podcast?
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9 February 2018 | 38 replies
Some were imported from a far away land and cost a lot more.
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21 August 2022 | 2 replies
From there we typically just ask the seller how low can you go because it will cost a lot to restore.
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15 May 2023 | 6 replies
@Mike Neville thanks for the post ...answers: 1) you can use a standard rental property purchase loan to acquire the house - min down payment is 15% of the purchase price ...monthly mortgage insurance required if down payment is under 20% of price and rates/ fees are higher than regular owner occupied loans 2) I am not aware of any local loan programs that will provide funds for building a DADU or ADU on a rental property 3) I am not aware of any program that will allow you to combine the acquistion price and development cost As you mentioned regarding your friend / partner - most investors doing this will utilize some other funds source for development and building funds ( heloc ...savings ....HML ( hard money loan ) ...family loan/gift ....credit card ...personal loans ...leverage other properties ...etc....) thanks and good luck
21 May 2021 | 43 replies
Every week sounds like it would cost a lot of money.
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12 January 2023 | 19 replies
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