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Hello, I’ve been asking everyone what best for moving forward on this deal. Here’s the numbers and plan
3/2
1800 sqft with unfinished basement
Built 1980
Very desirable area in Vermont
15 acres (subdividable)
Co...
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Usually I'm kind of "Mr. Know-It-All, but it's been 15 years since I bought an REO and I'm pretty sure the ground rules have changed a bit.
I'm looking at a couple of SFHs in my area, $150K range, ARVs in the low $20...
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Hey everyone,I am in the process of reading the How-To Guides on this site. Recently graduated college, and I want to have everything planned out when I do have the cash. I plan to buy and hold a multi-family house or...
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Hello, I have found an off market deal in the Baton Rouge, LA area. The wholesaler is asking about 150,000 cash for the deal and I’ve never had to pay cash up front. Does anyone have any advice on ways to find the mon...
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I've read a lot about investors pooling money to create a small fund where one is the GP and the investors are the LP. Generally, the GP only invests 1-10% of the acquisition or development costs and structures the de...
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Hey all,
How do you estimate property taxes on Cook County properties? Typically taxes go up when a home is purchased at a higher value so I want to be able to estimate what the new taxes will be. Most likely going t...
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Obviously both play a roe, but I have some money to invest and am having trouble getting started.
I think it's more an issue of too much information and knowing what to look for and what the right measures of...
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I'm having trouble figuring out how to input the information correctly into the BRRRR calculator. I'm using a hard money personal loan. Here are the numbers:Fee: 9.9% of loan totalInt. rate: 8%Amortized: 7 years Ques...
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My husband and I were discussing with another couple the idea of forming an LLC with them and buying a fourplex together. However, after running the numbers some more, it seems it might be better for them to try to g...
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I’m thinking of working with a hard money lender. I’ve looked them up on the BBB website and I can’t locate them. He sent me a website that really doesn’t provide any info. Is there a better way research a lender and ...