Steve S.
When doing a BRRRR, what could I expect to pay in closing costs?
20 August 2016 | 4 replies
Yes, you will have a higher interest rate but you have to look at what it is going to cost you: If the higher rate is going to cost you an extra, say, $30/mo and your closing costs are, say, $6k, you are betting that you are going to keep that loan for over sixteen years. $6k/$30=200 then 200/12=16.66(yrs).
James Bynum
Listing a home where square footage is incorrect
22 August 2016 | 6 replies
So I checked it out and measured mine, and sure enough, theres about an extra 100 square feet.
Glen Fagin
Patch of Land - Update
12 December 2017 | 62 replies
If you verify your accreditation via net worth (ie: $1M excluding primary home) then that's usually 3mo across most platforms I've invested in (including startups ie: angelco).
William McLeod
New Member from Michigan
28 August 2016 | 11 replies
It can be tricky to find the extra time and requires sacrifice, but it is doable.
Paul Winka
How to find the top real estate agents in a given area?
22 August 2016 | 2 replies
I usually have 1 off market deal per year.
Steve Sapowsky
Financing my first rehab
21 August 2016 | 3 replies
Usually no closing costs and reasonable interest rates.
Thomas Nance
Looking to quit my wage slave
21 August 2016 | 5 replies
I don’t know your financial situation or how much you earn a year – but may I assume that an extra $10,000 per month on a continuous basis would free you from your slave wage job and give you the courage to do real estate full time?
Rita Koroll
Where to begin? Is being a landlord as bad as some say it is?
22 August 2016 | 38 replies
Could have charged extra, but elected to view it as my marketing advantage.
Anne M.
When do you do the major renovations like roof/hvac
22 August 2016 | 5 replies
If he pulls the old unit out a day ahead we provide window units in the interim (usually in the bedroom) until the job is done.I've never had a tenant complain about this but if they did I'd probably tell them stuff happens and that's life.
Keith Goodwine
Finding code violations in walkthrough
22 August 2016 | 17 replies
If they paid with 3.5% down on an FHA mortgage, and got the loan at the then-market rate of 6%, and made no extra payments, they would still have a remaining balance of $92k.