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23 November 2015 | 6 replies
Cost: $650,000, rehab costs $100,000, soft costs, costs of sale, and an ARV of $1,000,000 or a bit more.I have never taken a loan before.
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5 April 2019 | 16 replies
Get all white linens and towels as you will have to bleach everything.
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10 October 2018 | 7 replies
Also, this house and same owner, has had 3 notices of trustee sales in the last 5 years, but within a year there's been "release of lis pendens/notice", which I'm assuming means they paid their default amount to Wells Fargo.
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2 September 2018 | 5 replies
The 30% covers your soft costs and your profit.
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4 September 2018 | 8 replies
This balcony has a loose-ish railing and a semi-soft spot in the corner.
30 April 2018 | 25 replies
Another factor that's important to note is how strong or soft is the market?
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20 May 2018 | 2 replies
The 30% in that formula is designed to cover you misc soft costs like closing and holding costs AND you profit.
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8 November 2018 | 64 replies
My wife and also have a soft spot for Newport RI and are looking to begin investing there as soon as we can.
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10 October 2018 | 43 replies
In your situation... 110k investment for a 40-60k margin (not including soft costs) is something that works on paper.... but should be well executed.