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18 November 2018 | 0 replies
I used BP calculators to run numbers as a Fix and Flip and as a Buy and Hold, with both cash and conventional financing in the interest of multiple exit strategies.Quick details:Property is a SFH in a trendy neighborhood, three of the homes for sale within a 5 minute walk are flipped homes.Property has 3 beds and 1 bath.
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9 April 2019 | 22 replies
The initial draw of about $6500 was out-of-pocket and he said he'd work with 212 Loans this week to get the work "inspected" for the next funds draw.Soon after closing, my contractor told me to get the utilities turned on because they were all disconnected.
24 November 2018 | 11 replies
It partly depends on whether it is a two story or a three story.
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19 November 2018 | 3 replies
We're currently doing some mild cosmetic renovations like flooring, paint, and code updates in all three units.
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19 November 2018 | 0 replies
Purchase price: $197,500 Cash invested: $57,986We acquired this vacant three family property in July '18, updated the units, and got it cash flowing quickly.
4 February 2019 | 7 replies
With all the development going on in Atlanta, there are still certain pockets of the city the have numerous vacant homes.
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19 November 2018 | 0 replies
We live in a duplex ourselves, so we have a total of three units.
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19 November 2018 | 1 reply
Make sure you get three bids min for each and check their online reviews etc..
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1 June 2022 | 1 reply
Hello fellow NY Landlords & Property Managers:We are seeking to potentially off-load up to three of our 3-Family Buildings in North/Central Brooklyn NY to a detail-oriented, will-stop-at-nothing-to-do-it-right Property-Manager (maybe one that specializes in 3-family townhomes & brownstones in Brooklyn).
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19 November 2018 | 1 reply
I would say consider a FHA 203k mortgage as well, so you have the opportunity to buy a distressed property and rehab it to a rentable state with money that isn't coming out of your pocket.