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10 January 2025 | 21 replies
I imagine the whole process is simpler but can anyone tell me how different it is when you don't borrow the rehab costs?
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3 February 2025 | 3 replies
The seller offered financing with 20% down, which I used to buy the place.After starting construction and realizing it was going to cost more than expected, I approached a small local bank that knew the property and would offer the rehab financing.
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29 January 2025 | 4 replies
The easiest way to find and connect with wholesalers is either bigger pockets or by googling "sell my house fast in (town name)" although that may cost them a click for google ads.
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21 January 2025 | 2 replies
Experience depends on who you deal with - the cleaner the loan file and more organized your paperwork the smoother the process with any private lender.
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30 January 2025 | 0 replies
I decided to buy the property from my grandfather using a gift of equity, which allowed me to take over ownership without having to come up with the full down payment and pay for the tax lien and his closing costs.
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4 February 2025 | 10 replies
Sometimes the closing costs from the auction are HIGHER than expected.
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5 February 2025 | 11 replies
Its a 12 unit building so lets say 2 persons per unit . 60x2=120 a day per unit 120 x 12 units = 1440 gallons Depending on area lets round it up to an even 2000 gallons .
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12 February 2025 | 0 replies
All-in-all the renovations (including a new patio and new plumbing will cost around $90K).
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21 January 2025 | 31 replies
Finding a good account and bookkeeper wasn't difficult and using online registered agents was way more cost effective.
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27 January 2025 | 1 reply
If rates dropped 1-2% on a $600,000 home, it would cost a buyer $3,400 a month.