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8 September 2018 | 4 replies
I will be occupying the duplex as FHA requires, but without the 203k, I have to put 15% down and come up with the repair funds myself.
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19 September 2018 | 2 replies
Is there any other techniques that is more better vs another to examine repair/rehab cost while analyzing property.Hope to get lot of stories n ideas from you guys.
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16 September 2018 | 11 replies
@susan @Susan Little I agree about staying away from foreclosures as they can hide some nasty surprises from costly unexpected repairs to undisclosed liens.
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8 September 2018 | 2 replies
General stuff like replace floor, carpet to vinyl floor , painting wall , kitchen cabinet, repair, replace tub ,..,, small minor stuff .
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8 September 2018 | 3 replies
I have run the numbers through BiggerPockets calculators and it looks like a solid investment in multiple scenarios.So, I would finance the purchase and repairs.
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9 September 2018 | 5 replies
Just bought one for 40K put 12K into it. appraised at 100K. borrowed 75K against it and it rents for 900/mo.save up the cash and try it. bought one on cell phone using verisign.
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30 December 2020 | 12 replies
I put $25,000 into repairs, but could have saved $5,000 if I had gone with the GC's people instead of my own (at the time I had not quite settled on the GC).
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12 September 2018 | 40 replies
For example, if the heat goes out in your own home in the dead of winter, you can say, "Meh, I don't have the money right now for a repair person.
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9 September 2018 | 2 replies
To me it looks like you have to add in hypothetical numbers (estimated monthly repair costs, vacancy rate, etc..).
11 September 2018 | 11 replies
Following year adding a second property with 100k down, and either adding the profits from the first property to the down payment or keeping it for repairs etc.