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Results (10,000+)
Choon Yee Dee Max Allowable Offer for Fix and Flip
11 April 2024 | 5 replies
Try looking at it a slightly different way with some quick math:$900,000 sales price$22,500 cost of purchase (appraisal, points, lender fees, title fees, etc - 2.5%)$90,000 cost of sale (10% commissions, closing costs, buyer credits)$64,000 carrying costs (6 months at 10%)$25,000 additional carrying costs (6 months taxes, utilities, HOA, misc)$100,000 rehab cost (the number used above)$68,500 profit = $530,000 max allowable offer.Some numbers may be a bit high, others may be a bit low. 
Logan M. Seller Financing 16 Unit Mobile Home Community with 10 Park Owned Homes
11 April 2024 | 0 replies
Did you work with any real estate professionals (agents, lenders, etc.) that you'd recommend to others?
AnnMarie Bacchus BRRRR HELP! First time investing in real estate
11 April 2024 | 31 replies
You will need to get a local, rockstar Realtor, contractor, lender, and property manager.https://www.biggerpockets.com/...I invest locally in Columbus, Ohio
Cameron Rieman What exactly is Private Money?
11 April 2024 | 4 replies
many HML will call themselves private money lenders to give the illusion of cheaper rates and easier terms.Private money is just that individuals with funds to invest that are Private they dont hold themselves out as in the business of lending.normally this would be friends family or other high net individuals you may already know who want to do deals with you.
Tony Savage Flipping in Chattanooga!
11 April 2024 | 5 replies
Still learning, no big challenges yet Did you work with any real estate professionals (agents, lenders, etc.) that you'd recommend to others?
Cesar Garcia Deciding on Tenant
11 April 2024 | 2 replies
So, I added #2 just like a mortgage lender would do to screen for that.
Aron Shreiber In Search For New Markets
12 April 2024 | 13 replies
You will need to get a local, rockstar Realtor, contractor, lender, and property manager.
Jimmy Stretz Platinum STR at Vail Racquet Club offers highest rental revenues possible!
11 April 2024 | 2 replies
Did you work with any real estate professionals (agents, lenders, etc.) that you'd recommend to others?
Neil Fernandes Query regarding credit pull for pre-approval
10 April 2024 | 3 replies
If multiple lenders hit my credit report at the same time [during the same week] will it be considered a single credit pull or multiple hits?
Luis Pereiro Loan Servicing Company in Florida
11 April 2024 | 7 replies
So far the ones I've found either do not provide these services in Florida or only service loans from large mortgage lenders.