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2 February 2022 | 11 replies
Thank you Hi Andrew,Something like this where you utilize contractors to do the work might be close to a decent overview, sans info about running it as a business.https://www.amazon.com/Complete-Guide-Contracting-Step-Step/dp/1440346011Business Decision:Parcel A can hold 157 SFH's max with proper road layout and city approvals of that amount for water, sewer and electric.Buyers clamoring for lower density at a better builder profit than higher density, so 100 sfh makes more money on Parcel A this year.Builder believes sustainable will bring higher profit on Parcel A than lower density (typical for the area) SFH's at that price point.
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2 February 2022 | 11 replies
I would utilize the house hack with an FHA loan as as possible.
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1 February 2022 | 1 reply
Sales price of 185k-12,950(closing costs) - 5500 (holding costs interest payments + utilities for at least 90 days) - 25,000 (rehab) - 118,000 purchase = 23,500 profit.
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2 February 2022 | 5 replies
@Julio Ibarra do you have the opportunity to utilize a cosigner?
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31 January 2022 | 1 reply
I have read David Greene's BRRRR method book and am contemplating whether to save up for BRRRR or utilize the FHA Loan.Any preference on FHA vs BRRRR method for first property?
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31 January 2022 | 0 replies
This means that you would be responsible for the site work, installation of utilities, and other work till the structure is finished.
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2 February 2022 | 2 replies
Running the numbers I feel confident as a flip I can make money utilizing some creative seller financing that we have discussed but I am looking for some real world feedback.My HML is fairly expensive, between interests, closing costs, and additional fees it will eat up to much of the profit to make the flip worthwhile.
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31 January 2022 | 0 replies
Plan to refinance within 2 years and utilize the appreciation to help securing capital from our other two STR in the area.
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1 February 2022 | 9 replies
I am utilizing My W2 job to secure my first 203k loan on a duplex in my area "Columbus OH".
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3 February 2022 | 4 replies
How would you bill utilities if there is only one meter?