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12 December 2024 | 7 replies
Just go through them, select the renovated/closely matching ones, and enter them into a model.Here's my fix & flip model, you can see the comps entered and some quick stats below them: Then I use that comp data to adjust the Sale Price in the model to what I estimate it will be (double check the resale $/sf is in-line with the comps), then adjust the purchase price until I hit my desired return level.
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11 December 2024 | 13 replies
Quote from @Dennis Knapp: I Have one double that I live in i bought as an investment just to help pay my mortgage.
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17 December 2024 | 36 replies
I'm not opposed to doubling down in Kansas City at all.
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16 December 2024 | 7 replies
They financed my purchase and I sold off the property in parcels and doubled my money.
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12 December 2024 | 2 replies
Received a letter that they are more than doubling my monthly fee + a $50 meter reading fee, and unfortunately this is a cost that the state does not allow us to pass along to the tenant!
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19 December 2024 | 82 replies
I have about double $80K actually, in cash, just sitting in a high interest savings account until I figure out what to do with it.
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2 December 2024 | 9 replies
Why are you double closing in the first place?
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13 December 2024 | 7 replies
If the rate is reasonable then it may make sense to try to save fast to get to the 3.5% down payment on a double or triple - househacking may allow you to increase your savings rate and pay down that loan even faster.As for estimating costs, closing in NY factor at least 1% of the mortgage amount for tax, plus $1500-2000 for lawyer, title and fees, then the amount required by the bank for escrow will depend on the actual property taxes and insurance.
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11 December 2024 | 1 reply
Homes are double story standard homes with around 21-24 Squares.
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20 December 2024 | 28 replies
In that case there is no re-titling needed, but what do I need to do remove WY LLC from the picture?