
5 April 2018 | 10 replies
I have found a great fixer upper that I believe will cash flow well but, do lenders frown upon adding the cost of repairs to a mortgage loan?

20 April 2018 | 4 replies
After talking with an attorney on if repair was responsibility of lower residence or my residence, knowing it was builder's fault but would be difficult/useless to try to get them to fix it 15 years later, we fixed the retaining wall for $9K.

5 April 2018 | 1 reply
*DOM Below 60 days*Purchase price up to $150k*ARV's within $200k and below $300k* Repairs needed at or about low to mid level"MY question is, what does this buyer mean by stating "Repairs needed at or about low to mid level".

5 April 2018 | 3 replies
With that knowledge, I was able to confidently invest in a SFH that only needed minor repairs to become rentable, to gain immediate cash flow, as I waited for the market to appreciate.The goal was to buy and sell within one year.Breakdown: Purchase date: 6/30/2017 Listed: $60,000 Under Contract (as the Buyer): $55,000 Acquisition Price: $46,250 Renovation Cost: $1,955 Total investment: $48,205 Ten months after the purchase, we are under contract on the selling side at $65,000.

7 April 2018 | 4 replies
Just ask the lenders if you can buy with cash and get your cash back out after the repair work is completed.

4 April 2018 | 0 replies
Both the driveway and back patio are concrete pads that are cracked and broken (beyond repair).

9 April 2018 | 3 replies
So mom's house has 43k of debt on it, you plan on doing a cash out refi to 70k, using the net 27k as repairs on the house and possibly saving some of that money.
5 April 2018 | 15 replies
The insurance company simply said “once it falls, file a claim and we will pay for the repairs”.

16 June 2018 | 16 replies
Are they also "reserving" monies for future major repairs?

12 April 2018 | 4 replies
This includes the following:Vacancy (minimum 8.34% to 10%)Tax (Check County records)Insurance (Get a quote)Property Management (10%)Utilities (contract utility companies)Repair/Maintenance (5% - 10%).