
8 January 2019 | 5 replies
And I have a HELOC I can utilize to make my first deal.

12 January 2019 | 5 replies
Seeking information on utilizing IRA Money to fund Real Estate.

9 January 2019 | 11 replies
Just plan to clean up and fix up for utility (and possible storage).

9 January 2019 | 5 replies
You could also consider a clause in the offer, but I don't know what you'll realistically be able to get.Are all of the utilities split and the responsibility of the tenants?

8 January 2019 | 6 replies
After that they take the lease and set up any utilities in their name.

8 January 2019 | 4 replies
Property Info:Purchase price: $100,000Estimated Rehab budget: $25,000ARV: $180,000Profit Before Costs: $55,000Extra Fees on the buy side:Closing Costs on the buy of an estimated 3.5% = $3,500No realtor needed for the buy = 0TOTAL: $3,500Hard Money lending detail: 115k loan @ 12.99% for 4 months w/ origin fee & draw fees3.9% Origin fee on loan of 115,000: $4,500 (rounded up)12.99% Interest Rate for 4 months: $5,000 (rounded up)Draw Fees: $1,250Misc Fees (appraisal/commitment/inspection): $1,000TOTAL: $11,750Holding Costs (insurance, utilities, lawncare, taxes): $250/moTOTAL: $2,000Selling Costs: Closing Costs Estimated at 3.5% of ARV: $6,300Buyers Agent Commission of 3%: $5,400Other Misc Expenses: $1,000TOTAL: $12,700Summary+55,000 Profit before fees- 3,500 Closing Costs on the buy- 11,750 HML Costs- 2,000 Holding Costs- 12,700 Selling Costs--------------------------------+ 25,050 Profit after all fees are deductedDid I miss anything here?!

12 January 2019 | 21 replies
High HOA fees are killing the deal and it was confirmed they just include cable no other utilities.

9 January 2019 | 3 replies
You should include management (10%) even if you plan to self manage.Are there any utilities you'll have to cover?

9 January 2019 | 4 replies
Better cash flow than a single family house but you can still utilize a 30 year residential loan.

9 January 2019 | 2 replies
I am set up with a real estate agent and receive MLS notifications which come in sparingly, but I want to utilize more tools out there.