Gabriella Borukhov
Getting cold feet... please help run my numbers
11 February 2024 | 27 replies
Home price is $369,000 Rehab given is $80,000 Down payment is $44,900 Loan amount that I will owe back is $404,100 Loan is for 6 months Holding cost for full 6 months is ($3500*6) = 21,000Closing cost = 19,553ARV = 575000 (my agent said $600,000 but I am doing 575,000 to be conservation, with the way the market is going I do question if I should estimate it lower)With my math, using the full rehab loan and full 6 months with selling costs included, I estimate around a $53,000 profit.
Edwin Correa
Learning the ropes
11 February 2024 | 2 replies
Hey folks,As a newly licensed real estate agent eager to venture into house flipping and long-term rentals, I'm contemplating positioning myself as an investor-friendly agent.
Forest Wu
Best Cities for 2024? Strategies?
12 February 2024 | 31 replies
As a local investor and agent here in Columbus, let me know if you have any questions or want to connect!
John Kim
Question about Purchasing with Existing Tenants and Strong Rental Prices
11 February 2024 | 2 replies
Many times, a listing agent will use estimated rents for vacant units and those estimates might be for full rehabbed modern units where the existing unit is not near that.
John Seitz
Taking Care of Your Agent for Wholesale
9 February 2024 | 3 replies
I have been working with a real estate agent for about 6 months now (she is also a friend) on a fix and flip.
Rob Swan
South Carolina
11 February 2024 | 40 replies
I can honestly say that I hope investors and agents read other’s responses and stay away. 40k properties that rent for 850 after 15k rehab are not everyone’s cup of tea but you won’t find those numbers outside of 29203 and 29204.
Todd Edlin
Luxury Townhouse in Revitalized Downtown
11 February 2024 | 1 reply
Did you work with any real estate professionals (agents, lenders, etc.) that you'd recommend to others?
Ethan Watson
Foreclosures to build a list
11 February 2024 | 1 reply
Also I'm a local agent I don't mind helping you on your search.
Luke Crouterfield
How do I start with 220K?
13 February 2024 | 28 replies
how many agents and lenders have you called?
Indranil Sen
Looking for Tenant occupied SFH/ Condo/ Townhome for investment
11 February 2024 | 5 replies
@Indranil Sen you can work with an agent and set up searches for properties that are tenant occupied.