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13 September 2019 | 3 replies
Purchase price: $185,000 Cash invested: $56,500After quitting my job on Jan 31st 2019 - biggest challenge is getting mortgages But good new is there many creative financing options, one of which is VTB Seller gave me 85%LTV for 4.15% interest for 25 years - 1 year 3 months term WIN - WIN for both [seller doesn't have to pay huge capital gains]Purchase Price - 185,000Down + Closing - 31,500Renovations - 25,000After Repair Value - 250,000Potential Rent - $1700-2000/monthNet Cash Flow - 200$/monthWhat made you interested in investing in this type of deal?
16 June 2020 | 2 replies
My biggest takeaway for new investors is to get very clear on the competition, potential new developments in the works, and the people who live within a 1, 3, and 5 mile radius of your potential site.
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1 November 2019 | 1 reply
What is the biggest difference between finding SFR tenants and MF, or apartments?
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6 December 2019 | 22 replies
The cost being the biggest deterrent (it's cheaper to keep paying lot rent, rather than pay moving - here in SC - $4k to move a SW, $6-7k a DW).
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27 November 2019 | 8 replies
Knowing the background behind the numbers goes a long way toward helping dispassionate 3rd parties (like us BP forum dwellers) analyze a deal.1) The biggest thing that stands out is when you mentioned you plan to manage the property yourselves.
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8 January 2020 | 34 replies
One of the biggest issues with pro photography is the manipulation of the final product.
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30 December 2019 | 9 replies
Biggest thing for us is when we get to the offering table I don't like the idea of "hey who's name will we put this in" I want us both to have equal stake/risk.
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5 February 2020 | 95 replies
The way I see it, my biggest concern, in terms of title, would be a tax lien, which would take priority.Thank you ALL for your input on this.
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6 January 2020 | 6 replies
My biggest goal with REI is to find a way to pull back from my job and retire early.