If we crush the rehab I think we can even push closer to 200Cash-Out Refi Amount: $131k (75% LTV of the conservative 175k figure) Profit if done as a flip: 60k. (175k - 115k purchase price & rehab)Cash Invested: 18k (This accounts for $7,500 for down payment to lender, $2,000 in EMD to seller, lender fees, inspection, insurance, title, projected 3 months holding costs at $1000 per month)----------------------------------------------------------------------------If I do it as a flip, from what I understand, I'll be hit with a ridiculous tax bill (24% short term capital gains + 15% self-employment tax), leaving me with roughly $36k after-tax profit. 36 - my 18 invested leaves me with 18k increase to my net worth.

What you can do is request rental history & applications so you can review it yourself to find out as much information as possible in terms of their payment history. 

Their quotes are enticingly low, but I'm pretty sketched out by how I can't find a single post-claim review.

The interest rate I was quoted was 7.5% but I’ve also reached out to another lender just to compare.

Hi Tax masters,I have a question about the county mortgage tax when purchasing a property.I'm quoting a mortgage from 3 lenders for a small multi-family in Bushwick/Ridgewood area (Brooklyn NY), and one of them estimated the county mortgage tax in their quote when the other 2 didn't.If anyone has some knowledges to share with this, I would appreciate it.

Firstly, the agent failed to review the inspection report or the appraisal with me, and was absent during all inspections.

In general, it is more difficult to finance a foreclosure because of lender requirements. 

I am thinking about building a modular home and noticed Vantem had good reviews.

Based on the financial piece, and I am not a lender, but getting rid of your Credit Card debt would be my first goal if I was in your position.

Tenant was in a MTM lease and would like to stay, but the seller provided a very bad review and had several issues to report about their experience with the tenant.Would appreciate any help on how to legally remove the tenant, along with tips to consider throughout the process.