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Results (10,000+)
Account Closed Made $20,000 - Yes, it works But It's a little more spohisticated
20 June 2018 | 2 replies
So, typically on a $200,000 property, I spend about $25,000 to control it, I get $25,000 back out immediately from the Tenant Buyer, I have a spread of $6,000 to $8,400 for each year, so a note that pays off in one year totals $31,000 plus or minus and a ten year total is $109,000 plus or minus.
Account Closed $9k for closing costs??? Lender / Broker Questions
21 June 2018 | 22 replies
So my total is around $4400 compared to your $9K and my property costs twice as much.Some differences on mine:- No inspection fee which is $650 of your cost (I waived inspection to make my offer more appealing)- No origination fee and yours is $437 (my rate is no points, 5.25% for investment, 30YR)- No recording fees or transfer taxes, which is over $3000 for you- My underwriting fee is $450 and yours is $711- My document prep fee is $120 and looks like your processing fee is $534- Title insurance for me is $444 and yours is over $900- I don't pay any realtor fees as the buyer, you are paying $300It looks like you are paying the "I am new so you can screw me tax".
Adrian N. [Calc Review] Help me analyze this deal
21 June 2018 | 4 replies
Too much money out the door to only make a pittance in rentHowever I bet that could be raised over time as improvements are done .
Mike Jordan No to real estate investment
14 July 2018 | 23 replies
I agree with you totally ,some people take ages before taking decision, doing the research after research without any action regarding investment.
Lulli Debrosse Should I wait 2 get a sellers lic where I invest or where I live
26 June 2018 | 4 replies
@Mark Holencik I was looking to have it for my knowledge because of the advantages spoken about on the BP podcast.Keep in mind I'm totally new to RE and REI.Thanks guys!
Stone Wang Can I reach my Rental Property goal in 10 years?
24 June 2018 | 4 replies
Total house value of 1 million with half million mortgage.2) I have 250,000 Home Equity Loan that I can borrow anytime from the bank to make real estate investment.3) My family annual income is between 200k to 250k, and my goal is to buy 10 properties in CT, and make $10,000 monthly passive income in the next 10 years. 4) Specifically, I would like to buy one multiFamily house at a year, and it will create a free $1000 cash flow each month. 
Vicki Scheibla Dual agency rules for the buyer and the seller. wondering about..
22 June 2018 | 4 replies
As a general rule is that you should not expect some Agents are not being totally honest.Just be honest about what you are doing to the Agent and they may or may not say everything you said to the seller. 
AJ Alexander Thoughts on Orillia, Ontario?
25 November 2019 | 3 replies
Your best bet would be to consult with @Sarah Larbi.
Joel Mitchell VA loan to build equity then refinance and repeat! VERR lol
5 July 2018 | 5 replies
still working on my three E's as well.EducationExperienceExcess CashI willing to bet that the deals will come to me when I have these.
Joe Farrance Wholesaling and researching property for investors
26 June 2018 | 4 replies
What I’m looking for is the total history of the properties such as any tax liens, back taxes owed or a history of such and medical judgments or other judgments, lawsuits pending etc that may be on the property and have to be dealt with before closing.