Rukhsana Saleem
Multi family or single family Investment property
27 July 2021 | 3 replies
I think it's the rental estimator tool here on BP.
Kaylan Haight
Closing Costs Tampa
27 July 2021 | 3 replies
Your lender is required to give you an estimated number.For the sole purpose of dissecting comparables, I mainly look for different factors such as square footage, number of beds/baths, location, distance from subject property, etc.
Dennis Borg
Should I Pursue This Opportunity?
30 July 2021 | 4 replies
While there may not be a large profit margin, there is not much to do to the property.Here are the details:Del City, OK Area (Oklahoma City, OK)1 Bed; 1 Bath840 Sq Ft on 0.38 AcreCentral Heat/AirWhole house pre-plumbedCount Assessed Value = $58,000Zillow's Estimated Value = $66,700The roof has a new deck, and it needs to be shingled, but he already has the shingles on site.
Charissa Bruckman
General Contractor or Inspector?
27 July 2021 | 1 reply
A GC can do a walkthrough and give you some rough estimates of repair costs.
Kim Tucker
Done for you or Automated Wal-Mart Stores or Amazon Stores
27 July 2021 | 0 replies
Out of those sales you pay for product, overhead and split with the company building the store - they estimate profits of a couple thousand in a few months, around $5 to $7 in about 6 months to a year and more than that if you can built up higher credit.Names around the Amazon Store is Ben Fredricks (the guy from Noteworthy)Names around the Walmart Store is Mark Evens DM where the DM stands for deal maker.Any input around doing my homework on this type of investment or these particular companies would be highly appreciated.
Ethan Blevins
First time home purchase.
19 August 2021 | 3 replies
Say you put $3500 down on a home for ~$120k how can I estimate the cash I need to keep in reserves for repairs?
Vatsal Suthar
First Investment Property: Diamond in rough or just rough?
22 August 2021 | 10 replies
No equity to compare.Cash outlay to hold is estimated at $40k.
Jamel Brewton
Have a question about obtaining Capital for Hard Money Lender DP
19 August 2021 | 1 reply
When you get a payment estimate for the hard money that should tell you if the deal is a fit for your cash position or lack thereof.
Dale Snider
RV Park - Buy / Don‘t Buy: I need the $250K down payment
15 September 2021 | 11 replies
With the property losing money at that occupancy - which could be normal for the park, I don't think the benefit outweighs the risk - at best you're only bringing in another $5600/mo but with my estimates on RV parks, your expenses will eat that up pretty quick.
Eric Samuels
Should I shop for a lender or go off recomendation?
20 August 2021 | 10 replies
In additon to that, non local lenders often don’t know that Philly transfer tax is 2.14% so their loan estimates are often incorrect.