I am thinking about purchasing house 30k and the ARV is 60K needs 12k in repairs. Any idea what my closing cost would be and any other cost I need to know? Thanks Guys
Hello everyone.I am set to close on my first property (4plex) and am looking for advice on rehabbing the place. I did trim for years but besides that I’m not the most handy guy there is. I got quoted about $15-$20k fo...
Hello all,
I’ve been shopping around for a cash out refinance loan. One local bank I spoke with told me they would do a HELOC on an investment property.
The terms are as follows
80% LTV
5.29 % fixed rate
15 y...
Have you ever put an offer on a property at asking price or below asking price even though the CMA states the property should be listed for an amount lower than what the owner is asking?For example, the owner has a du...
Very new to REI and have been looking for my first deal. Interestingly enough my old landlord reached out to me regarding one of his properties that he’s looking to offload. He doesn’t really know what to ask for it b...
What kind of banks finance apartment building investments (if any)? If any do, what's a good estimate for closing fees as a percentage of purchase price, and what's a typical interest rate?
I am wondering how a lease option contract works. I own a couple homes and I am looking to target buyers that cannot qualify right now but in the next 6-12 months will be able to qualify for a mortgage. My understand...
Greetings BP. I recently found a property located in Savage, Minnesota - and after a couple days of talking with the owners, they agreed to the idea of seller financing (AWESOME!). Normally, I would go through with th...
Those here who are familiar with more conventional investing may know about life-cycle funds. For those who are not, a life-cycle fund is a fund that is chartered in such a way that it invests according to the intere...
Hello fellow BP investors,I'm a newbie looking to get started in RE investing. I'm interested in buying and holding SFRs and/or multifamily properties in Western Washington. I've done some research on average monthly ...