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12 June 2024 | 1 reply
All in, it should cost me around 35k and the mortgage is 46k at 5.75% with a payment of around 645 and HELOC I used for repairs at around 350.
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8 June 2024 | 1 reply
I planning to have backyard installed in new construction SFH.I read this cannot be added to the cost basis of the rental property and be depreciated by 27.5 years since it is not an improvement to the property.But what about paving the patio and side of the garage, where it is touching the house.
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12 June 2024 | 11 replies
So our entry costs were minimal.We didn't have to put it on the MLS and paid the buyer's agent who found us through a Zillow ad.
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12 June 2024 | 4 replies
Rolling in repair costs is also achievable in both government and conventional financing.
12 June 2024 | 2 replies
Minutes away from Sanibel Island.Main house is a 3b/2ba renting for $2600Duplex on same lot is 4b/2ba split into two 2b/1ba collecting $1900 in rent EACH.Purchase price of home was $662,000 with closing costs wrapped in.
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12 June 2024 | 9 replies
What if it costs 20% to sell?
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11 June 2024 | 8 replies
AI will be able to construct homes at near zero cost.
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12 June 2024 | 57 replies
I know cost is a factor but think about overall functionality and does it do the 7-10 things you really need?
12 June 2024 | 3 replies
These loans are structured with a combination of a first mortgage from a conventional lender (typically covering 50% of the project costs), a second mortgage from a Certified Development Company (CDC) backed by the SBA (covering 40% of the costs), and a down payment from the borrower (typically 10%).Bridge Loans: Bridge loans are short-term financing solutions used to "bridge" the gap between the purchase of a new property and the sale of an existing property or the availability of permanent financing.
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12 June 2024 | 6 replies
If you are looking to rehab, it is more efficient and cost-effective to rehab all units at the same time.