Hey, everyone!
I'd appreciate a second set of eyes on my analysis:
https://cdn.carrot.com/uploads...
The seller is asking $1,175,000 for this 12-unit apartment building. Their actuals (see 'Prior Year Financials') ...
In a townhome, with the exterior of the house covered by the HOA fees, do you typically estimate the maintenance costs lower than you would on a single family home? In my NOI estimations, I've always put 10% of the (...
Looking into an REO triplex (asking price $95,000) that will need less than $20,000 in repairs. Should I use my BLOC or use a hard money lender for down payment and rehab? Thanks in advance!
Okay, this might be a tired old question but so far I haven't seen it covered in any detail (I might be totally overthinking the problem). A lot of people talk about using HML to get you into a deal that you might no...
I’m wondering if anyone has any info on using an asset based lending company like Visio? I’m at the point where the income I have won’t allow me to get a mortgage with the banks. The person at visio said they don’t re...
Hi All, Just looking for some advice and recommendations for an excellent CPA. I purchased my first fix & flip in March this year in Charlotte, NC. Purchased all cash from a wholesaler. After reading various sourc...
So I'm unclear on how a refi would work exactly on a property with a loan on it. Here is a somewhat real-life scenario to see if I am thinking about this right:Let's say I have a rental property that I purchase for $6...
Apartment building Analysis60 UnitPrice $725,000.00Upfront Repair Costs $500,000.00Total initial Investmen $1,225,000.00Down Payment10% $122,500.00Interest Rate 6%Loan Length (Years) 15Payments per year 12Monthly Paym...
Hi guys, I have been listening to the podcast and trying to learn so I can get started and I'm not sure when but I will definitely be getting into buy and holds at some point in time. I don't think I have heard anyone...
Hey BP!
Looking to buy my first rental property. It's in the South Jersey market and want your input on the deal
Single Family Home, Purchase Price $147,500, located in South Jersey, rent is 1600-1700 and is mostly...