Hey BP, is it better to get a mortgage loan with points to buy down the cost of interest, or no points to not have high closing cost?
Would you formulate a higher percentage on lower ARV properties that need a fullGut. I know fullGut cost 60$ per sqft usually.
Say ARV=185,000$ (sqft 1,826)..If I were to do the 70% rule. Than 185 x .7 - 109,560$repa...
Hey so this is my first deal ever. It's a 6 unit multi family development in my city. The comps that the bank has pulled are for less than what I had anticipated when buying the property. The main reason why the proje...
I am currently house hacking my single family home in the Midlothian, VA market. I have been doing this for almost a year now and am eager to get my second deal. Due to the increased prices of single family homes in m...
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Is there a general process for applying to lower my property tax assessment? I recently bought two MFHs for far lower than the assessment value and far lower than the sellers paid. Is this something that's locally det...
Hey folks 👋 - I'm curious if anyone has used the lender, Lower (https://www.lower.com/)?
I'm considering them for a HELOC to help fund my first deal. Wondering if you used them before and had a good experience.
Tha...
This goes out to the property managers out there. Most property managers I've dealt with have as part of the rent agreement included a mailing address for rent collection. My current PM (in Rochester) though actu...
I just got some buyer clients under contract on a competitive home in Golden, and we weren't the highest offer! The seller's received another offer higher than ours, but decided to choose our offer because they liked...
Investment Info:
Single-family residence fix & flip investment in El Paso.
Purchase price: $52,000
Cash invested: $5,000
Sale price: $80,000
Remodel had already been started on this property ...