In a book I'm reading, and example was given thus...
"If the current market for a type or property required a 9% return on the capital invested..."
My question is how does one determine the current market "required"...
I bout my first property in July, using private money to aquire, and rehab.
I have comps in the high 60's to low 70's, i will have no more than 52000
total in it, i would like a cash out refi when the rehab is complet...
Has anyone approached a bank / financial institution to propose opening an UNSECURED line of credit solely for use to buy, rehab and either hold or flip? If so how did the presentation go, what was covered, what were ...
Hello Forums,
I am looking for some input or advice. I am looking at a deal in Pennsylvania. The property is REO, listing at $74,500. The ARV is $110,000 and the house needs a max $22,000 in repairs. ...
Hi everyone! My name is Karl and I'm very excited to be writing my first post in the bigger pockets community. I've been listening to the podcast for months and love it and have been studying real estate and feel I'm...
So I have a rental property in the Berkeley area of Denver, townhouse in a row of four, 2-bed, 1.5 bath. I have a very reputable management company take care of it, but today I saw an end unit listed for $1800/month...
Hello BP Family! My name is Jarrett McAllister and I wanted to introduce myself to this amazing community I stumbled upon :) I am 32 years old with a wife and 2 beautiful daughters (8 year old and 9 month old) and jus...
Hello everyone, my name is Johnson. I am a relative newcomer into real estate investing. Have not even owned a home. Started getting curious about Real estate investing since joining my new job about a year and a half...
Is this a good buy? Ok neighborhood, not bad but not good. 80k for house. Place is a duplex, 1 bed 1 bath on each side. 1500 sqft. Rent is currently 450 on each unit so 900 total. Thoughts?
I am new to the real estate investing field and am seeking advise between choosing a HELOC/Cash Out refinance loan for funding.My primary home is paid off and valued at approximately 600k. I am looking to get a loan f...