Alexie Franck
Closing costs from 13k to 17k for $380k NJ home
23 January 2024 | 11 replies
For that loan amount, we typically see title fees sitting around $1,700-$1,800.
Tyson Scheutze
Shoveling Our Way to Success, One Flip at a Time
22 January 2024 | 2 replies
The home was a 4 bedroom, 3 bath split-level with many of the angles, finishes and details typical of 1970s modern.
Kyle Clevenger
Should I do this????
23 January 2024 | 4 replies
To be more clear, if there is not a problem with me presenting an offer to my client for myself to purchase, the opportunity would resemble the following:Offer owner $100,000 cash- which she could utilize in the purchase of the new property.Extend the date of possession to allow her ample time to move.Follow a budget of $15,000-$25,000 for renovations/repairs.
Bryana Robinson
New Long distance investor
23 January 2024 | 1 reply
I have a seasoned BRRRR mentor and my rehab costs are typically $20k-$40k more than what she estimates.
Alex Kouame
General Contractor or Architect
23 January 2024 | 2 replies
They typically don't know about construction costs.
Mark Deel
Inspector gave the roof 10 years to live
23 January 2024 | 12 replies
@Mark DeelWhat is wrong with the roof that it cannot be repaired ?
Reggie Nworie
10 Reasons Why Cash Buyers Should Consider Private Lending
22 January 2024 | 0 replies
Typically, around 20%, although in some cases it could be as low as 10% or as high as 30%.
Sebastian Vargas
Short Sales wholesale
23 January 2024 | 1 reply
.* You will have to get a purchase price (PP) low enough to leave room for an end-buyer to purchase from you.If wholesaling short sales is a business model you seriously want to explore, I would suggest reading a lot more about short sales here on BP to understand the nuances/restrictions that banks typically put in place.
Kevin G.
Absolute Net Lease tied to a residential property - pros/cons?
23 January 2024 | 5 replies
And not knowing how this property is treated, relative to a typical rental of a SFR, you may want to look at their lease to understand what condition is expected to be returned when the lease is ended.
Dipesh Jadav
Closing cost too high for cashout Refinance Condo
23 January 2024 | 3 replies
However, you will typically have a loan doc prep, appraisal, and a few other misc. expenses.