I am in the process of purchasing a house to “live in flip” that I just found out is “uninhabitable” according to the appraiser that the lender sent for the inspection. I knew the house needed work at the time and ex...
was wondering do hard money lenders usally charge a upfront processing fee? just dont wanna get scammed
I’m 17 years old I have about $22,000 saved in the bank I’m trying to learn as much as I can and I wanna buy rental properties. What do I need to do to be able to get a loan? would I even be able to start at 18?
So I am in the Phoenix Arizona market. I was running my numbers and since I'm new I kind of don't know... what is the least profit a fix and flipper likes to make? Is $30,000 good? I always subtract profits, my wholes...
I have a deal that on the bottom line will cost: 85Krent is 1050$ monthly,a year = 12600and expenses:- manegement - 10% rent = 1260- insurance = 800- tax = 1300- fixes 10% = 1260- vacancy 10% = 1260total income = 1260...
Hi, I am confused and need some advice. I started an application to get a home equity line of credit to consolidate debt. This will help a lot because I have a huge amount of debt and all the individual monthly paymen...
Hi guys,I just closed on a property and the tenant who is in the section 8 program told me that she has had experience as a property manager before. I did find a property manager, but he isn't very responsive and have...
Someone I know is in quite the pickle. Once upon a time, they got married, bought a house, etc etc. Somewhere along the line, things went South. After a divorce, I guess they had to file bankruptcy, but that didn't la...
I ask this as I notice many people own rentals out of state. So does this mean that it's almost completely passive (as I couldn't imagine someone flying out to another state every time they need to get a new tenant or...
I'm working on closing my first rental property. It was a state owned home that I purchased for $2500 cash. It's going to require about $40k in rehab but will have an ARV of ~$95k and rent for $700/mo. I'm struggling ...