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10 February 2025 | 3 replies
But you have closing costs for Refi, and sale, but in sale you get all your equity back out.
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27 February 2025 | 24 replies
one strange thing I notice is, but I am not sure if this is a standard practice in ohioI found out my initial appraisal result and revaluation result through my real estate agent, not my mortgage broker. which seems strange to me at the time but I did not question myself hard thinking they are doing their best to close this deal quick.When my agent called me to discuss the initial appraisal result, I told him to share the result with the seller, he said the seller already knew.
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26 February 2025 | 27 replies
not an expert at this.. but the few times i have rented STR I don't even look at reviewsI rent by price.. as its usually for a fishing trip and I just want a bed bathroom and close to the lake or river LOl could care less about a review.
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27 February 2025 | 11 replies
I was in contract to buy 100 houses from one builder who was selling for 250k in 06 my contract price 125k each.. thankfully I did not close as within 12 months these were trading as I said in the 50 to 60k range..
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27 February 2025 | 25 replies
Keep us posted on the closing and how the stabilization goes with the building.
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26 January 2025 | 2 replies
I am currently under contract with a wholesale deal that was to close on Monday.
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25 February 2025 | 31 replies
And that’s before factoring in selling costs—commissions, taxes, and closing expenses.
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31 January 2025 | 44 replies
This also leaves me with $3,750 stuck in the deal (not including financing and closing costs, which could easily add another $20,000).In total, if I had to include closing costs and financing costs, I’d have about $23,000 (if not more) tied up in the deal and lose close to $700/month before accounting for expenses.
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6 February 2025 | 12 replies
Everytime you get close to depreciation running out (or want more) you 1031, expand your holdings, and your tax write off.
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27 January 2025 | 1 reply
Another might be a residential tenant whose child comes home from college and discovers black mold in her bedroom closet.Ideally, Tenant Estoppel Letters will be sent to them after the inspection and financing contingencies have been cleared and within the last week before closing.