what is the breakdown for the 70% formula?how much of a % can i expect purchase closing costs and selling costs?holding costs?hml with holding costs?how come nobody explains the breakdown of the actual 70% rule??the 7...
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So I will be attending a 2hr seminar this Saturday on Long Island in Hauppague. Its a free 2hr seminar on real estate. I am curious if anyone in the community has attended one of his seminars and is familiar with him....
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Hi Bigger Pocket Member’s,I am considering joining the US Navy. I wanted to check with the Bigger Pockets community and see if anyone could share advice. Is there anyone that is currently serving that is investing? Is...
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I'm seeing a few properties listed in the 4k-10k range in the Chicago area. The neighborhood doesnt matter much to me. What I wanna know is are the properties in those price ranges worth getting if the cash is on han...
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Hi, my name is Hannah and I am new to REI. For the past few months I have been educating myself and soaking up anything I can. I know sometimes getting started and pulling the plug is the hardest part. I want to be ab...
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Hello everyone - thank you for clicking in here!I have a friend/acquaintance that I have known all my life. We aren't super close, but we trust each other and we're both logical people with decent incomes and are cons...
Over the past few months I have been trying to figure out ways to make some extra cash. Since I am not interested in starting a business or the stock market, I have decided to focus on real estate. My question is as f...
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Well I'm new to flipping, and hopefully will be doing my first flip soon.
I've been trying to learn as much as possible, and have been pricing some items (flooring, cabinets, etc) trying to get a better idea of what ...
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I have found a HML that will lend up to 70% ARV at 12 percent. The closing costs are 3000 (which includes one point at closing) and there are 2 points due at payoff. Draws for rehab require inspection at a cost of 125...
Ok so a seller called me yesterday basically told me he was about to list with a realtor but had it rented out in mean time. He asked how I got his name i said I am looking to buy houses in your neighborhood and this ...