
6 August 2024 | 4 replies
I have about $150k cash on hand as well as I am planning to get a construction loan to cover the remaining cost of a duplex.

6 August 2024 | 0 replies
Property 1:Purchase price - $73,000Mortgage - NONE (Paid Cash)Monthly Rent - $875Monthly Profit - $580Property 2:Purchase price - $65,000Mortgage - NONE (Paid Cash)Monthly Rent - $950Monthly Profit - $750Property 3:Purchase Price - $107,500Mortgage - $80,625 Monthly Rent - $1300Monthly Profit - $435Current Cash Available - $110,000Current Available Equity - $96,500 Cumulative Total - $206,500The available equity was a HELOC loan that was given at 70% LTV so those are real numbers, they would be from property 1 and property 2.The reason im typing this is because I would like to know if there were any builders that could give a rough estimate of building cost per square foot in Kansas City area or suburbs.

6 August 2024 | 9 replies
Cost to acquire is ~100k and I plan on spending an extra 15k on repairs.

7 August 2024 | 13 replies
We estimate that the basement will cost approximately $30,000.

7 August 2024 | 7 replies
Three units to maintain.Although I need to do the math, scenario 1 strikes me as more economical as there are shared costs gained with a multifamily property.

6 August 2024 | 10 replies
"Flows of the tongue pretty nice, looks good on paper... but there is a cost to that.

7 August 2024 | 6 replies
@Kathleen Park if you want the tenants to cover, just increase the monthly rent a bit at renewal to cover the cost.

7 August 2024 | 1 reply
We were also looking at a TON of houses in the area so we knew this house was under what it should have costed.

6 August 2024 | 1 reply
Since this is an FHA Streamline, there is no appraisal, no income verification, no employment verification, no out-of-pocket costs, and nothing rolled into the new loan.

6 August 2024 | 6 replies
I would like to possibly purchase a multiplex 2-4 units that is a proven winner when comparing costs to return. would this be ideal?