Patrick Boutin
What is the typical rate on a owner financed property?
8 November 2016 | 13 replies
Keeping in mind this can vary widely: I would say seller financed interest rates would generally be above standard bank rates yet lower than hard money.That is the question asked.
P.J. Bremner
Running comps, am I way off or is the wholesaler? Help! D:
28 March 2017 | 18 replies
Here is what I was taught a good comp should be:- 6 months of sales- +/-200 sqft of subject property (1,000 - 1,400 in this case)- 0.5 miles from the subject property- same ba/br or close to it and adjust- do not cross major boundaries such as a different city, freeway, major road, etc. because local markets vary significantlyI'm not happy with this person using 12 months of sales data, but okay I get it.
Jason Schimer
Starting out and I hate my area (Miami Fl) I'll explain why.
16 March 2021 | 22 replies
For your first deal or two, it's nice to be able to have a short drive to go and look at the property in person and not rely on a PM (Property Manager) do to the job.
Matt Moldenhauer
Missouri Tax Lien Question
21 November 2016 | 4 replies
In some areas it can even vary by county.
Paul Winka
To-do list for electrician to update 1966 house 60-amp panel!
7 November 2016 | 14 replies
Rather than rely on the tenant managing their electrical capacity, just put in a separate line.
Ross Drucker
Refinance Conventional Mortgages to Commercial Mortgage
5 November 2016 | 10 replies
The way it works, which varies from lender to lender, is you can refinance all your properties into into a single loan, with a refinance up to 75% of Fair Market Value.
Edouard Pierre
Buying 2 to 4 properties at the same time
7 November 2016 | 11 replies
The prices vary from $80k-$175k (ideal purchase price so my numbers work).
Kenan Karalic
Should I do business with this agent?
4 November 2016 | 6 replies
Obviously that was indiscreet but all agents want to sell you a property so I wouldn't preclude him just on that basis.I think it's bad practice to rely on any RE agent for rent comps, they are inheiranty biased and likely to highball rent comps in my experiece.
Account Closed
Wholesaling in Chicagoland
16 November 2016 | 4 replies
I know its daunting but you can't just rely on someone to mentor you and show you how to do it.
Andrew Barber
New to Pro. Analysis question
8 November 2016 | 2 replies
They do vary depending on the area and type of property.Purchase costs are relatively similar, but depend on whether you're using financing or not.