Chase Preston
First Investment Property - Buy Property w/ Cash. Loan or mortgage after the fact?
21 April 2024 | 12 replies
Main goal is minimizing risk with it being our first property but was able to obtain the house for 40+% less than listing price due to our cash offer and able to close ASAP.
Tim Berryman
Anyone With Experience Partnering With Viking Capital Multi-Family Syndicators
21 April 2024 | 13 replies
Also, per their numbers they are buying for 37 mil, debt 24 mil, equity 20 mil, 44mil minus 37 price = 7 million in closing costs, which is 35% of the total equity, RE commissions of say 4% total 1.5 mil so they are taking 5.5 million in fees up front as well minus the inspections/loan fees etc.
James Manning
Boa grant for first home.
21 April 2024 | 1 reply
Every State/County has a DPA program and you also have CHENOA as well that can help with both down payment and closing costs.Feel free to reach out if you have any questions I am always happy to help or talk REI.
Michael G.
Landlords in Brooklyn: Let's share a part-time roaming "super"?
22 April 2024 | 28 replies
I'm still pretty new here but I thought buildings with 10+ units had to have a live in super, or one living really close by?
Richard Covarrubias
Investing in Ambergris Caye, Belize
21 April 2024 | 8 replies
Since we had successfully invested close by in neighboring Mexico, it made sense to at lease have a look at it.
Sharma Parth
Newbie BRRRR investor - is this deal worth going for?
21 April 2024 | 8 replies
Not looking to do a flip here.I'm a rookie too but for every estimate I've done and ran by the team that helped me secure my first property (just closed two days ago!)
Arshiya Taami
Loan Officers I need your advice!
22 April 2024 | 6 replies
If you are looking at homes $850k-$950k, you would need $212,500- $237,500 + 6 months reserves and closing costs if you are looking to use a Hard Money Loan.
Kingsley Michel
Places to invest in/around Detroit
21 April 2024 | 11 replies
I'd invest in New Center/ North End area- both upcoming areas, close to the city (8 mins) and a LOT of investment happening in the area.
Anthony J Ruma
Tennesee renters rights
20 April 2024 | 7 replies
You can try to pay them to leave early, that would be their choice.
Account Closed
Flippers, how did you figure out accurate pricing/negotiations with contractors.
21 April 2024 | 29 replies
Account Closed Contractors are businesses .