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8 July 2024 | 0 replies
If the Seller agreed, there would be some closing costs, and the wholesale fee to comeup with.
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7 July 2024 | 3 replies
I’ve already made some calculated evaluations in terms of the expected operating expenses, the mortgage, closing costs, and a 20% down payment.
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8 July 2024 | 2 replies
EDUCATE YOURSELF - yes, it will take time, but will lead to a selection that better meets your expectations & avoids potentially costly surprises!
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7 July 2024 | 12 replies
Veterans can finance a loan 100% including closing costs without PMI.
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10 July 2024 | 35 replies
There are hard money lenders who will fund trustee sales (at least in AZ there are) for up to 85% LTC (loan to cost), and some of them will even finance 100% of rehab.
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7 July 2024 | 9 replies
Not too low either, you don't want to go with someone who is just focused on price as this is a quality of a not-so-great accountant.
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8 July 2024 | 2 replies
There are challenges everywhere for different reasons -- weather, building codes, tenant culture, competitive market, high cost of labor.
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7 July 2024 | 3 replies
I am worried that it will cost alot. the concrete floor is already ripped up.
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5 July 2024 | 10 replies
Ask around your gen contractors, what is the cost of cosmetic repair per sq foot in the area of your interest.
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8 July 2024 | 6 replies
Typically, distressed properties literally sell for Market Price - Expected Rehab Costs, so any equity gained is mostly sweat equity.