Ethan Aycock
Do these numbers look right?
11 September 2018 | 6 replies
It sounds like it is rent ($2500) - expenses ($2208) = monthly cashflow of $292 which is still decent (depending on how much you put down).A few things that jump out to me though are: $1200 HOA fees!
Pablo Flores
Pros and Cons of buying 4plex in HOA
12 September 2018 | 2 replies
The HOA manages both of those areas, and the very reasonable monthly fees cover it completely.
Julian Ramirez luna
Advise on my first Condo purchased
15 September 2018 | 6 replies
It's definitely a city that has been booming recently.When you say your expenses per month are $1910, is that PITI (Principal, interest, taxes, insurance), and HOA fees combined?
Martin Neal
BRRRR Refinance Help Purchase Price
28 November 2018 | 16 replies
“The new loan amount can be no more than the actual documented amount of the borrower's initial investment in purchasing the property plus the financing of closing costs, prepaid fees, and points on the new mortgage loan (subject to the maximum LTV, CLTV, and HCLTV ratios for the cash-out transaction based on the current appraised value).”https://www.fanniemae.com/content/guide/selling/b2/1.2/03.htmlI would like to get as much out as possible and move to the need deal.
Christopher Albritton
Seeking Input from Fix/Flip Professionals for New Flipper
24 September 2018 | 2 replies
They typically will get a piece of the action and get maybe 10% of the construction cost as part if not all of their fees.
Terrell Thomas
Lease option question
13 September 2018 | 3 replies
That fee only becomes their down payment if you agree to accept it as such when they exercise their option.
William Huston
Am i stupid to not do this?
17 September 2018 | 8 replies
Most of my reply to you is hidden in the quoted text above.
Stephanie M.
Tenant lease is ending, does not want me to show his side
12 September 2018 | 15 replies
Add to your next lease that you can go into the property at any time for maintenance reasons or with 24 hours notice and there’s a fee/fine if they block you from doing so.
Kenneth Jenkins
Is wholesaling legal in Alabama
3 March 2019 | 12 replies
I had lengthy interviews with the investigator and you simply cant advertise property you don't own.. or do deals for the expectation of compensation in our state.. so you cant make these blanket statements.. at least to these beginners on BP.. who you know the definition of wholesaling 99% of the time is to simply make assignment fee's IE commissions..