An client put an offer on a short sale that was initially accepted by the bank but the bank instead took the property through foreclosure (auction last week), and now the property is an unlisted REO as it did not sell...
what is needed to finalize and what to look for? put it under your LLC or your name? what aspects to loof for to see a ROI - what is the formula,
Total Rent - (expenses/month) = Cash Back
is that a correct formula?
I purchased a property recently for X amount of dollars. I put 12k into it. This was for appliances, ac, electric and other cosmetic stuff. When figuring my cap I allow 20% for vacancy and maintenance and also PITI...
View report*This link comes directly from our calculators, based on information input by the member who posted. Hi guys! Im a fairly new real estate investor. I have a few mobile home rentals but want...
So here I am, age 25, new family ... starting to plan for and look into buying my first live-in, multi-family, rental property.Part of my learning process leads me to talk with some very close friends (three of them, ...
Hi BP members,I’ve been reading up on BRRRR, and for the most part, I understand the basics. However, I’m confused about the refinancing part. Specifically, the cash-out portion confuses me. I'm familiar with the term...
I am looking at a quad in Grand Junction Co. The seller is open to seller financing. My question is, what is normally included in the initial offer? How detailed should I get? Obviously the buyers purchase price amoun...
I am doing a cashout refi of an existing SFR and will be using the cash to purchase 1-2 new rental properties. I plan on buying via a mortgage with 25% down, renovating, and renting. I'm considering doing a refi on 1...
I'm starting plans to build an ADU on my property and after researching pre fab I'm looking into building on site. Im in the process of getting plans drawn up and now looking for a good contractor in the bay area to h...
Say you buy a property for 250k cash, rehab and rent it out. When you get to the "refinance," how are you supposed to refinance if there is no mortgage to refinance? Are you only refinancing if you initially purchase ...