Dawn Rivera
Real Estate Wholesaling Student
28 May 2021 | 7 replies
I just recently was invited & joined a group called yellowbird on Facebook.
Jon Foley
Financing First Multifamily
30 April 2021 | 5 replies
I’m sure this question has been asked numerous times, feel free to link me to this existing topic.
Shelley W.
Do I really need 25 percent down?
30 April 2021 | 10 replies
For each one that says "no", ask them if they have a recommendation of someone that fits your needs.As previously mentioned about non Fannie Mae/Freddie Mac lenders, I was told by numerous banks that I wouldn't be able to invest until 2022 after my short-sale of an out of state property.
Yuka F.
Need help after inspection. Knob and tube and other issues.
3 May 2021 | 10 replies
Numerous open wire splices/loose junction boxes.
Zack Voiro
Buying your First Rental Property
1 May 2021 | 5 replies
*not so long ago even $500 down would work for some off market deals as far as earnest money goes, but now with numerous offers being made on a single deal within hours, earnest money (how much ‘good faith’ you’re really investing) amounts have changed some and to be clear this would change your cash to close amount (%) Earnest money for more of an end user ready(minor cosmetic/updating needed) buy and hold for example would be much closer to 1% Appraisal - this is going to be up to you as the cash buyer (because you’re not required to get one for a loan remember) $300-$400Inspection - using a 4 point or 5 point ‘investor’ inspection (especially if you’re not here yourself for due diligence) $200- $800 usually, depending on size of property Survey- not required to have, but it may be useful to know exactly where you’re lot loans are (may be required for some rehabs) around $800 or lessTitle insurance- generally around $1K, but again depends on property value and if it’s transferable that could save you $ (sometimes if two years old or less)Title search - you’ll want this to make sure you’re getting a clear title and it’s going to run $100- $250Attorney fees- won’t be required here in Indy for example, but keep in mind these rates if you choose to use oneEscrow fees- this depends on which escrow company you use, but I’m going to include images of a mock sale here in Indy to show you an example of a company for Indiana closing costs would be just about 1% of the purchase price, up to 3% when you factor in inspection, survey, insurance, etc.
Ken Lesiak
MONTEREY, CA refi needed. Any contacts would be appreciated!
3 May 2021 | 1 reply
If he's an investor or aspiring investor, the benefits are numerous as well.
Nico Doss
Experienced Apartment Complex Investors
4 May 2021 | 8 replies
There are numerous factors that could affect overall returns and a thorough DD process will help uncover these.
Jeff Modjeska
What are the best leads I should be pursuing using Propstream?
2 May 2021 | 4 replies
The benefits of them are numerous as well over stocks.
Alana Bates
What Security Systems are Best Suited for Apertment Buildings?
6 May 2021 | 1 reply
proximity to arterials, property layout, etc.If you put up a fence to reduce people entering and crossing your property from all directions, and your building is in an area that has graffiti or street crime issues, make sure its a chainlink fence, or a low one, or otherwise not an "attractive nuisance" that invites tagging or can hide undesirable activity.
Charese Allen
Real Estate Fund - Where to Start?
9 May 2021 | 7 replies
You question indicated numerous people involved in this particular business plan and is covered under the LLC as well in the ability of 'unlimited owners' (people involved).