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12 October 2015 | 98 replies
., thus $0 brought by investor to table.
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17 October 2015 | 8 replies
However the previous offer ,10k upfront financing the rest at 4% over 10yrs, is still on the table.
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13 October 2015 | 10 replies
I am rounding my mortgage costs up for easy calculation and my owner expenses (percentages) are pretty conservative Purchase Price: $215,000Gross Rents: $2,400 ($1,200 per unit)_________________________________________________________________________________-Mortgage Costs-Principle: $1000Interest: 3.5% ( I may do a rate & term refi for a 3.2% interest rate)Taxes: $210Insurance: $140 (Lowest quote thus far)Appox.Total: $1350/month_________________________________________________________________________________-Owner Expenses-Utilities: $0/Minimal (water and electric separate)Prop.
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8 October 2015 | 3 replies
Such as wholesaling or JV with another investor that brings to th table what you need.Best of luck
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13 October 2015 | 9 replies
And yes, I am hiring this firm to get the deal together, including bringing lenders to the table and securing loans with the new structure for acquisitions.What type of firms you are referring to?
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8 October 2015 | 7 replies
Make sure you do your research on the reputation of anyone who might offer to help you so you don't end up in hotter water (there's a lot of great people on BP, but that doesn't mean everyone ) You may have to give up more of the future profit than you'd like-- but at least you'd stand a chance of getting to a profitable point.
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8 October 2015 | 9 replies
I have a couple properties that I am flipping with a partner but I need to be able to bring more to the table.
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13 October 2015 | 10 replies
Expenses: $52,355-Janitor $400-Water $11,000-Repairs- $1000 (This seems so unlikely for a 19 unit!)
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14 December 2019 | 28 replies
No mailed check or pick ups.Purchase price 300k and owner is giving 20k towards upgrades/repairs etc Plan is to install surveillance cameras, lights, paint doors and shutters, 2 water heaters and new signage and minor fixes etc.
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9 October 2015 | 4 replies
During that time, there was a water leak at the property (vacant property) and the water bill was over $5,000.