
11 July 2018 | 2 replies
When purchasing a rental property from another investor, besides rental payment history and basic questions about the property for analysis, what are some key questions I should be asking?

12 July 2018 | 10 replies
Basically, you are stuck in limbo until the the case is dismissed because the automatic stay prevents you from foreclosing.I've read that some borrowers (especially the ones that are legitimately trying to pay their debts) will file a POC on behalf of creditors, which they are allowed to do.

6 November 2019 | 10 replies
Basically the same as conventional loans....ltv‘s of 75/80%, similar DTI’s, etc., if you can gat get 30 year loans.

11 July 2018 | 5 replies
This is because it's a 40 minute drive, and I do not have time to screen and meet for showings, with my full time job.

21 August 2018 | 8 replies
I started driving for dollars with deal finder app, have website/social media/seo in the works, and am looking into other motivated buyer lead sources for direct mail.

21 July 2018 | 3 replies
A basic bathroom can cost $4-$5k, but if you are using over the top material it can cost 10k.

27 July 2018 | 23 replies
I only ask because I would like to buy one there at some point ;-)The extensive rehab (basically turned it into a brand new unit) was the bulk of the appreciation, followed by me getting in at a great price.

16 July 2018 | 2 replies
In order to get positive cash flow, I'd have to stretch the rent amount just to break even.Another financing option would be to re-fi the condo again, basically re-finance remaining $66,000 amount with 20% down @ 5% on a 30-yr fixed:Rent Summary: I'd have to re-fi & put 20% down in order to have good CoC return (down payment + improvements + agent fee + closing costs), as well as a positive, somewhat plausible cash flow.

16 July 2018 | 5 replies
But here's where I am confused - what I am doing is basically the "BRRRR" strategy that is discussed here - I paid CASH for the house, fixed it up, and now I want to rent it and get access to the equity in the property, that's all.

11 July 2018 | 5 replies
Basic assumptions ...Fixer upper houses start at 75k in your market.Fixed houses go for 150-200k in your market.You are bankable and can Rent, Flip it wholesale..