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3 November 2018 | 17 replies
We have been doing a fair amount of networking, including building relationships with RE agents, other investors, and lenders.
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20 October 2018 | 4 replies
There’s just a good amount we could use for d/p for more properties to build our portfolio.
20 October 2018 | 4 replies
They will take 75% of the lease amount and deduct monthly costs ($2205 + 417 + property taxes and insurance if not included in the mortgage).
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20 October 2018 | 6 replies
Of the business I get from bigger pockets, a significant amount is from people that just got burned and lost their $20,000 earnest money deposit after failing to close on a house.
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5 January 2019 | 9 replies
Almost anywhere in the Midwest is pretty good for buy and hold right now, but the rest of the country knows it too so there is a good amount of competition for deals.
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20 October 2018 | 4 replies
Please click on the links, give them a read, and share your thoughts in the comments.First is a post that I feel will help not get overwhelmed with the amount of info that is here on BP:https://www.biggerpockets.com/blogs/5868/52761-the-simple-guide-to-getting-started-on-bp The second is a post that will help get you focused with your real estate investing goals:https://www.biggerpockets.com/blogs/5868/52743-im-new-to-bp-any-advice-would-be-appriciatedThe last one is a post that will help you choose an “investor friendly” real estate agent.
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28 October 2018 | 17 replies
It also included replacing some damaged trim around the dormer windows, and some minor repairs to box gutters (box gutters are a physical part of the roof and soffit structure).So my quoted amounts might be replacing both your line 1 & 2 items.
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19 October 2018 | 3 replies
I then talk about how close we are to an agreement - only X amount off.
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19 October 2018 | 4 replies
Please click on the links, give them a read, and share your thoughts in the comments.First is a post that I feel will help not get overwhelmed with the amount of info that is here on BP:https://www.biggerpockets.com/blogs/5868/52761-the-simple-guide-to-getting-started-on-bp The second is a post that will help get you focused with your real estate investing goals:https://www.biggerpockets.com/blogs/5868/52743-im-new-to-bp-any-advice-would-be-appriciatedThe last one is a post that will help you choose an “investor friendly” real estate agent.
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19 October 2018 | 1 reply
These are the numbers from the mortgage company:Closing Costs: $8,679.11 (half of this is lender points for a lower interest rate)Prepaid/Escrows: $2,211.79Payoff: $130,189 (this is the loan I took out to purchase the home initially before renovating, I put down $23,025 which was 15%)Total funds to Close: $141,079.90Loan amount (75% LTV based on $240,000 appraisal): $180,000Total Due at closing: $38,920.10Help!