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I am on the verge of purchasing a piece of land in my area. I'm trying to find out what type of build will yield the most profit. i.e building a large single family home versus building a multi family. It is zoned for...
I have enough cash to make all cash purchases, but obviously want the leverage.Is it cheaper to a) buy all cash, limit mortgage and closing fees and then refinance ? Or b) just do the mortgage upfront? Note I am not BRRR
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Hello,I will be financing my purchase and renovation costs (with a down payment of course) and was wondering in calculating my ROI….Do you calculate the ROI as the total CASH out of your pocket (Down payment, closings...
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Hi All- I am gut renovating/expanding a 2300 square foot 2 family house into a 4100 sq. ft. four family building.Trying to decide which hot water system to install in each unit. I am probably using heat pump systems...
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How to Spot the Difference
Upfront Fees. Large upfront fees in the amount of $5,000 that will be “credited back to you at closing” are a red flag. There’s no need for a fee that high and typically those deals never c...
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I have the opportunity to buy three properties to close but I can't put 20% down. I posted in a Facebook forum inquiring about other funding options. Then out of state lender contacted me and offered the following ter...
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Hi everybody! Currently buying a duplex that needs a full gut and renovation including windows, roof, floors, hvac, plumbing, drywalling, kitchen, and bathrooms. Expecting total Reno costs to approach $150K. Past r...
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I'm looking at a couple vacant sites in my area that will support the construction of duplexes.I have a GC who would be interested in partnering and would be in control of the construction aspect.What is the best way ...
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Hey AllFirst post here, Not sure if this is the place to ask some questions about the market in New Jersey, if its not, please direct me, thanks!I'm looking for guidance on buying a 2-family home in Central NJ. Im loo...
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I have been wondering what's better:Asking friends & family to invest with me or keeping it arms length using professional investors or hardmoney lenders.Obviously, there are the cost differences, but I am concern...