30 March 2020 | 20 replies
The deal is as follows:Purchase price: $132,000Rehab: $165,000 (adding 2nd story of ~1,000 sqft; renovation of existing base floor of 1,203 sqft)ARV: $369,000 (based on comps, it could sell as high as $400,000)Profit: $44,000 if I borrow mostly from hard money (I will try to use a HELOC or conventional loan to increase the profit)I have an architect and a general contractor lined up. 3 months of rehab.
27 March 2020 | 10 replies
@Luke Stone Sorry that your existing title company is having issues with it but as mentioned above, this is entirely possible to do.
8 May 2020 | 3 replies
Question ! I have an eviction already in process (tenant has already dragged out for months through Bk filings, etc, etc) and now after 8 months we are getting close to the process being complete. Does this coronavi...
26 March 2020 | 8 replies
My tenant is requesting to add her boyfriend and a pet to an existing lease that I inherited.
25 March 2020 | 3 replies
With that comes more and more investor tools that didn't exist 10 years ago.
26 March 2020 | 2 replies
Anybody know if this loan exists?
26 March 2020 | 7 replies
Trying to make a deal that doesn't exist, is a form of arguing...and this property qualifies as one he77 of an expensive argument.
25 March 2020 | 1 reply
I am looking at a deal that is off market and I found it through mailing. The owner owns a few rentals and is on the older side. The house is 2/1 864 sqft. The outside looks like it could use a paint job.It has a new ...
11 September 2020 | 328 replies
The world is a broken place so no perfect solution exists.