17 May 2018 | 1 reply
Total Closing Costs (including commission): $16,637.00Total Profit: $50,179.00 ($209k - $82,184 - 60k - 16,637)Total ROI: 35.29%Total Project time line: 10 months June 2017 - April 2018.The Buyer was obtaining FHA financing.
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19 May 2018 | 17 replies
Of course; most apartment buildings have them you know; it is a small part of the total picture.
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19 May 2018 | 2 replies
Details meaning credit score, property address, type of property and total number of units, square footage, purchase amount, rehab costs, monthly rents, annual tax, ins, and hoa dues, after repair value.Hope this helps.
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27 May 2018 | 8 replies
Our total rehab costs will be around $15,000 and if appraised accurately, will allow us to access around $50,000 in equity (I am probably going to use Unison for this).Fortunately, I have an uncle who is successful in buy-and-hold -- his advice has been valuable.
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2 July 2018 | 19 replies
In 2 years time it went up $90K and would have collected $45,600 in rent for a total of $135,600 profit.
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22 May 2018 | 5 replies
I have not had the units rented due to the ongoing renovations but I believe they could rent for around $2100 in total rent from the apartments and the storefront per month.I am interested in selling this property as I don't have the time or the capital right now to finish the renovations.
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18 May 2018 | 1 reply
Or, if she’s totally slacking and you don’t trust that she’s working in your best interest, then find another one if you haven’t signed anything exclusive with her.
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29 June 2018 | 27 replies
I totally agree with your math number.
18 May 2018 | 2 replies
It also depends on if that’s all his money total or just a fraction.
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19 May 2018 | 5 replies
All I do to show proof of funds when making a cash offer is take a screen shot or printout of my online bank account summary, making sure that it shows my name and that the total available balance is higher than my offer.