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5 June 2024 | 0 replies
Purchase price: $22,000 Cash invested: $30,000 Sale price: $145,000 Contributors: Peter Vekselman Partner Driven, in collaboration with Seth Choate, successfully completed a fix-and-flip on Faith Home Rd, Space 119, Ceres, CA 95307.
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5 June 2024 | 116 replies
I wanted to address the all cash purchases.
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5 June 2024 | 2 replies
Property Details: SFH 6 beds 2 Bath 2016 sqft - Rented by the room.Purchase: 340,000Amount Financed: 272,000Down Payment: 20% (68,000)Purchase Costs: 12,777Loan Type: 30 yearInterest Rate: 8.75%Rents: 3,300**********************Investment Returns - Year 1Cap Rate (purchase) 8%Cap Rate (Market Value) 7.1%COC 1.8%Return on Equity 1.3%Return on Investment 25.1%Internal Rate of Return 25.1%
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5 June 2024 | 2 replies
Or will they postpone the sale if there is a purchase agreement in place?
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6 June 2024 | 4 replies
I would be purchasing with an FHA loan, how do i assess if the deal is worth it?
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5 June 2024 | 1 reply
The higher HOA and insurance fees have made investing in condos more complicated and not look quite as appealing, but there are still condos that can be purchased and an owner should be able to cover the cost of ownership.
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5 June 2024 | 0 replies
Purchase price: $40,000 Sale price: $63,000 Contributors: Peter Vekselman Partner Driven, in collaboration with Mark Millett, successfully completed a quick sale on 45th St, Birmingham, AL 35212.
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5 June 2024 | 0 replies
Purchase price: $74,900 Cash invested: $42,000 Sale price: $204,900 Contributors: Peter Vekselman Partner Driven, in collaboration with Rose Brown, successfully completed a fix-and-flip on Wright Road, Fayetteville, TN 37334.
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5 June 2024 | 9 replies
This is screwing my DTI when trying to purchase a new home as my homestead because all the debt is in my personal report but only 20% revenue.Is there something I can do to change this?
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5 June 2024 | 5 replies
Nobody is getting $3K a month, for a $300K home, for exampleIs anyone seeing this on LT rentals that you are purchasing now?