We are under contract for a 4plex. The cash on cash comes out at 13%, taking into account vacancies, maintenance, HOA ect (I used very conservative numbers). The appraisal came back at 20k lower than the purchase pric...
How do I find Bird Dogs in Connecticut? I am finding that wholesalers are playing games when it comes to viable deals.
I have a couple properties that I am currently looking at in my area and when I went to my lender to get preapproved heres sort of what happened. The lender pre-approved me for a certain amount based on a rent rate es...
I’m being told by several banks big and small that due to COVID banks are not allowing cash out refinance. True?How to continue with BRRRR if you can’t refinance?
Over the 4th of July weekend I had a idea of doing some fix and flips on my own. I did some research an came across asset based lending an reached out to a lender an he stated that your Fico score dosent play a role. ...
I made a cash purchase of a SF hurricane Ida damaged home. I'm in the middle of the flip. Looking for forum feedback to help me understand if I've made a mistake or am on the right path still. All thoughts welcome, d...
Fl Chapter 475.43 specifically states that unlicensed brokers using contracts as a scheme to broker real estate are illegal and the contracts are NOT enforceable. Any buyer can walk in behind one of these frauds, make...
Hi Everyone,When putting the numbers together for a buyer, do I just put 5% of the purchase price in the closing costs as a "worst case scenario" kind of thing or is there a way to accurately calculate that?Also, as I...
Hi there,Found what I at first thought may be a decent property to check out. After a quick analysis I don't think it'd work out with the numbers. Can someone help make sure I'm doing it correctly?Asking: $139,900Type...
Mom always said that the worst they could do is say NO.Do you think an offer can be too low?Can it hurt your reputation to offer to low?Thanks