Liam M.
Considering a cash out refinance, looking for opinion on quotes
15 September 2021 | 11 replies
Currently have: 2.999% interest rate on 170K loan of 300K property, 30 yrs fixed (non owner occupied fourplex, purchased 2 years ago)Thinking about this quote: 4.375% with 1% origination fee or 4.875%, 30 yrs fixed, cash out refinance, attempting to pull about 150-200K equity (estimating property value is now 425-450K) out to purchase newer SFH home or duplex to house hack.The rents from fourplex total about $3100/mo.My goal: To purchase a duplex to househack or SFH property to live in for a year with cash from cash out refi.What are your thoughts on this?
Lauren Thomas
Please critique this new construction deal....
8 September 2021 | 0 replies
., our builder estimates this project would have been ~$37K - ~$55K less 2H 2020) Any other critiques / advise?
Will Sikes
How to use rental calculator
9 September 2021 | 2 replies
@Will Sikes I’ve been having a hard time getting estimates on my deals lately and have just had to throw numbers in on mine until such time as I have something under contract.
Tom Fidrych
Appraisal using actual SF versus permitted SF
8 September 2021 | 0 replies
I estimate it would cost over $200,000 to permit and bring to code this additional square footage so it's a big risk for him and the lender to take on.
Jennifer Petrillo
$2400 appraisal fee??!!
18 January 2022 | 31 replies
Call them out on it.One bit of advice to anyone when shopping loans, always get a quote with estimated closing costs.
James Ross
How do you analyze CapEx costs in a new area?
9 September 2021 | 2 replies
I'm in the midst of building a spreadsheet to help me quickly analyze new deals, and the part I'm having the most trouble with is estimating CapEx.
Daniel Pearson
Anyone actually buying rental properties in Utah and cash flowing
16 September 2021 | 10 replies
But the zestimate on it is 875k, the rent income estimate on BP is 1375/mo per unit. 2br 1ba 1100sq ft units.
Jennie Berger
Hollywood FL | Airbnb | Commercial Zoned | 5 Unit | Questions
9 September 2021 | 6 replies
(We are GC's, so estimating repairs (and managing contractors) will not be hard)5. (1) Efficiency | (1) 2 bed, 2 bath | (1) 2 bed, 1 bath | (2) 1 bed, 1 bath 6.
Allan Pilapil
Zillow, Redfin, Trulia - Property Value Estimates
10 September 2021 | 2 replies
Good morning,Zillow, Redfin, trulia, and realtor.com each gave me a certain property value estimate for my property and all are near I’ve been told that these estimates are always far off and never accurate Is that usually the case?
Ray Brown
$6500 to paint 1400 sq ft house in Raleigh, NC?
12 September 2021 | 9 replies
Just curious is this a fair estimate?