I have a prop mgr/agent who assists me in purchasing properties. She sort of frowns on the unapproved short sale listings, no doubt since they take a lot of work with highly uncertain outcome. I sent her a note today ...
We're rehabbing a flip which includes a complete remodeling of the kitchen. So in a few weeks will need a full set of appliances: fridge, dishwasher, electric stove and fan. The spread on the house won't be very big, ...
As someone who's relatively new to the Fix-N-Flip business, I'm fortunate to have a mentor guiding me, he's successfully completed 37 flips to date. With that in mind, I'm reaching out to tap into the wisdom of this g...
when you guys determine arv
you multiply the expected sales price by.7
Then subtract repair costs.
But, do you also subtract all the quiet costs?
I am looking at a house that's ARV is 225k needs about 20k, asking pr...
I am looking at a house that will comp for $165-$175k. The reno is about $33,000. I placed a bid today for $110,000. When I sell the home for $170k I will make 20k. The sale is a short sale. The bank has pre-app...
I'm wanting to get into PML. I understand the after repair LTV should be no more than 65-70%. But I'm more confused on the LTV prior to rehab. Let's say a property cost $300K and needs $150K for rehab so total cost $4...
I've got a property that requires a pretty major rehab (asbestos siding, and needs new electrical, plumbing, HVAC, walls ....). I have a general contractor that I think will do a good job. I wanted to do the work as...
Hi. Brand new here. In my area (Baltimore) I see a ton of homes purchased, fixed up, and put on the market for fair value.
However, these homes are on the market for 4+ months, and the seller
is "Motivated", "must sel...
Mike Collins is in tampa florida and runs the websites rehablist and yousell anyway they are offering a position as a gatekeeper to a specific county which means all their resources find the deals e-mail them to yo...
Hi BP!There is a house listed in my area for sale for $100k. Let me quickly explain my market:Typically there are very distressed properties (1200-1500sf SFH, cape cods) needing ~$30k in renovation for sale in my area...