Deep Johal
Looking for attorney and accountant recommendations
22 August 2018 | 6 replies
Try Ivy Finney Law Firm.
Tony Nguyen
Foreclosure! Hampton roads Virgina Area
17 August 2018 | 3 replies
Ran the numbers if it was just going the one occuppant with all the insurance and a down payment of $10k Cash flow is low - $73/m but that is based off one occupant @ $1850/mCap rate is around 9.6%And COC is around 8.7%If the other is rented out then number change but trying to be conservative.Is this a good deal or bad?
Tony Nguyen
New hello need some mentoring
15 August 2018 | 8 replies
Ran the numbers if it was just going the one occuppant with all the insurance and a down payment of $10k Cash flow is low - $73/m but that is based off one occupant @ $1850/mCap rate is around 9.6%And COC is around 8.7%If the other is rented out then number change but trying to be conservative.Is this a good deal or bad?
Jose Pena
Weird location, is it still a deal?
29 August 2018 | 8 replies
How much are taxes and insurance a month?
Amadeus Hladun
BRRRR Refinance Step Help
16 August 2018 | 8 replies
(This includes mortgage payments, taxes, insurance, utilities, HOA fees, etc. that occur during the Rehab Phase and up until the property is fully rented)= $310,000 (not including Closing and Holding Costs) Maximum Allowable OfferYour Purchase price of $250,000 is below this amount.
Jessie Griffin
Transferring Deed to Business After Purchase
15 August 2018 | 4 replies
Don't forget insurance, title and hazard.
Jeremy F.
First multi-family deal, want opinions!
17 August 2018 | 10 replies
It seems like these posts always lack in details so I will try to give the most information possible:Sale Price: $575k Current rent: $6825 (this is topped out, no room to increase)Loan terms: 20% down, 20 year 5 year balloon 5.75% interestsManagement: 7%Insurance: $3200Maintenance/capex: $5000Taxes: $8900Vacancy: Using 5%Property is C class and in good condition (new furnances, roof, etc) No common areas.
David Smith
FHA Loans and how to use them, are there any, "catches"?
20 August 2018 | 10 replies
FHA has higher fees, an upfront Mortgage Insurance Premium of 1.75% of the balance (rolled into the loan) and .85% MI.
Alex Cervantes
For sale by owner AGENT?
15 August 2018 | 6 replies
It is possible to have an agreement that will the firm to list it.
James Stinnett
Questions about Property Management Services
16 August 2018 | 8 replies
If the owners do not have an impound account for taxes/insurance are you also making these payments; again what %?