Flavia Vangelotti
Build to Rent in AL?
15 May 2024 | 9 replies
It would only cash flow with a really large down payment.
Ahmad Aram
Looking to Purchase First Property/Investment
16 May 2024 | 4 replies
And all the tools that are out there.Ive got close to 100k cash that I can use towards a down payment on a 1br,1b condo(which seems reasonable and easier to rent near me).
Sharma Parth
Looking for guidance from mentors/experienced BRRRR investors in Philadelphia area?
15 May 2024 | 14 replies
I am fine with a small cash flow of $100-$200.3.
Duane A. Snow
Need funder - What if we split profits?
15 May 2024 | 14 replies
Maybe you fix and flip a couple to generate the cash you need or cash out refinance from the properties you hold.
Griffin Malcolm
Help with Flip vs Rental Analysis
15 May 2024 | 4 replies
If we crush the rehab I think we can even push closer to 200Cash-Out Refi Amount: $131k (75% LTV of the conservative 175k figure) Profit if done as a flip: 60k. (175k - 115k purchase price & rehab)Cash Invested: 18k (This accounts for $7,500 for down payment to lender, $2,000 in EMD to seller, lender fees, inspection, insurance, title, projected 3 months holding costs at $1000 per month)----------------------------------------------------------------------------If I do it as a flip, from what I understand, I'll be hit with a ridiculous tax bill (24% short term capital gains + 15% self-employment tax), leaving me with roughly $36k after-tax profit. 36 - my 18 invested leaves me with 18k increase to my net worth.
Robert Trevino
New Construction 4plex Vs Purchasing 4plex
15 May 2024 | 11 replies
But you'll be cash flow negative for a while.
Craig Smith
3 options to pay the option payment
15 May 2024 | 0 replies
I am not sure if this is the right place or not but I wanted some input into any obvious issues with my lease option offers to the tenant buyer that earns plenty of income but doesn't have the cash right now and wants to improve credit before purchasing but would like to lock in the price as our market is still struggling with inventory.
Gurjot Grewal
Personal experiences in the “bad” neighbourhoods ?
17 May 2024 | 14 replies
They will each have about 20% NET (cash purchases) at about 60% of the ARV.
Keri Aiken
1st multi unit rental
15 May 2024 | 0 replies
Purchase price: $68,000 Cash invested: $5,000 Sale price: $99,000 4 Unit quad in Medina NYRenters were tough and management company's locations are too far for a regular check up.Had a renter pass away and then DCS came in and the house was condemned due to farm animals in the upstairs unit where the person passed.We were too far to keep tabs on this investment so we sold the home.
Carlos Quiros
Refinance Question (New Investor)
14 May 2024 | 10 replies
Cash out to invest in other properties?