Ethan Kramer
$12,400 closing costs for $129,900 property?
3 October 2020 | 38 replies
I told the initial lender the numbers I got from WellsFargo and the lender said he wouldn't be able to beat that.About $885 per month on PITI (3.25% at 15 years) and $1,500 rental.
Brian Ellwood
12 Steps To Buying A Rental In 2020 (your confusion ends here!)
12 October 2020 | 9 replies
You need to know how you will buy the house initially, and also how you will transition into longer term money.
Michael Argento
My First Deal: Can you help Fam?
4 October 2020 | 9 replies
Also does it require initial renovation cost like most of wholesale properties need?
Casey Christensen
BRRRR deal currently in progress
9 October 2020 | 14 replies
I initially tried having a project manager from my PM company go out there and take pictures and verify work before paying out final draws.
Wendell Butler
Initial Game Plan for Starting My Real Estate Investing Journey
8 October 2020 | 9 replies
My name is Wendell, I am 26 years old and I am brand new to BiggerPockets, already love all the support and information in the community.I just wanted to layout where I am at in my investment journey as well as my initial game plan for really jumping straight into real estate investing.
Gabriel J.
Duplex Investing w/ Family
3 October 2020 | 5 replies
In Austin, it will be tougher to cash flow initially but long term its there for the taking.
Hannah Lewis
What is a good return for an investor to make on a deal?
1 October 2020 | 3 replies
(I've already have a vetted team to do all the rehab and turnkey work)I initially was offering 10%-12% return on what is provided from the silent investor.
Neil Quinn
Building new worth it? Duplex alternatives if too expensive?
7 October 2020 | 10 replies
This seems appealing too, but I fear the initial outlay of an Arlington property + ADU would be damn expensive.
Justin Johnson
Tenant Moving In Now Has A Roommate
13 December 2020 | 32 replies
In our initial walk though/interview, I asked if there was going to be anyone with him and he said "no, just me" and 3 days before he is scheduled to move in he tells me about his roommate that he's been talking to, "telling her what's up", and her 2 kids.
Daniel Vieyra
S-Corp - Salary/Dividend
30 September 2020 | 13 replies
So I will not be taking a dividend in the initial years.