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21 May 2016 | 5 replies
The Flat Fee MLS listing services is a service designed for a narrow niche market of experienced sellers (and/or risk takers) ... nevertheless this niche market keeps growing with the advancements of Internet resources and online help an guidance ... good luck and use an attorney ... there are hundreds of variables.
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18 June 2014 | 4 replies
Have you seen interior to verify the rehab necessary?
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24 June 2016 | 14 replies
I get replacement sub. 1) Trash out w/Safeguard - 1 day2) Demo -2 days max.3) interior Painters/Exterior painters - 2 separate crews working same time
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16 December 2015 | 10 replies
There are NO rent credits.Requirements:Location = Any, it doesn't matter to us.Annual Cap Rate = 10% or higherAnnual Cash-on-Cash Return = 15% or higherLTV = 65% or LessProof of Funds = 10% Option Fee, Repair Cost & 6 months of Lease Payments**ONLY NON-Owner Occupied Properties**Fees:$2k - Loan origination Fee (included in Loan)$2k - Processing Fee (included in Loan)10% - Option fee (Paid at signing of Lease Option)5% - Increase in Option Sales Price from the Original Purchase Price2 Months Rent - Security Deposit (Paid at signing of Lease Option)What we need to evaluate a deal: Property Address Minimum of 5 exterior photos & 5 interior photos Purchase Price Market Rental Rate CMA from the MLS and from a Licensed Realtor.
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30 December 2015 | 4 replies
It needs serious work - a complete interior gut rehab basically down to the studs, and exterior completely redone, as well as building an addition to get it from a 2/1.5 1,180 sq. ft to a 3/2 1,404 sq. ft. to maximize the location.
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18 September 2017 | 3 replies
Just needs updated floors; interior/exterior paint with update cabinetry estimate repairs to run 15 -20k; Seller has agreed to a 335k sale; Price per square foot 227 sq footComparables:Property #1: 3/2; 1293 square feet; .1 mi frm subject property; Property was rebabbed; nice curb appealSold as a REO back in 7/17 for 336k; rehabbed now in escrow at 400k; DOM 9 days; Price per square foot @ escrow price: $309/sq ftProperty #2: 3/2; 1694 square feet; .1 mi from subject property; Remodelled kitchen with average curb appealRetail sale: list price $394,900; Sold at $395,000 on 8/15/2017; DOM 2 days; Escrow 30 days; Price per square foot 232.90Property #3: 3/2; 1893 square feet; .1 mi from subject property; comparable in condition to subject propertyRetail sale; List Price 379,999; Sold at $380,000 on 8/23/17; DOM: 25 days Escrow: 30 days; Price per square foot 200.74Thoughts on arrving at ARV?
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13 October 2017 | 46 replies
Per contract designed by my RE attorney, I only reimburse his money after spent and with proof of receipt as with all other development costs.
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8 October 2017 | 4 replies
Or suggesting that was the cause.I have seen mold on interior walls before.
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31 October 2017 | 2 replies
Needs a ton of work, new furnace, interior, etc.
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30 October 2019 | 20 replies
The zoning is designated SFH or duplex, the tax records showed duplex, but the building codes varies depending on whether it's SFH or duplex or multi>4.