Price 1% rule =desired rent230,0000.012300 Des Moines, IA 50313price 230,000closing co 2600monhrent 2,200.00house hacking duplexrepairs2000cosmetictotal cost236,935 Loans price 230,000Down % |downpay115005%FH...
I just found me deal 3 bed 2 bath 1548 sqaure feet REHAB house for $29,000. Im looking to wholesale it and ship it to a third party. My question is how much should I get it a discounted from the seller, if hes despera...
Hi all - I am looking at buying a property in Portland that consists of 2 lots with a SFR on one of them. My partner and I are weighing the best use of the land and considering building townhomes or duplexes on either...
Hi, I'm a newbie trying to get into multifamily rentals with a partner, and have a couple of questions:1) When you buy a small commercial multifamily property (say 50 doors or less), how much in liquid assets does a l...
Dear Fellow members,
A prospective tenant put down a deposit to hold an apartment and it was immediately taken off the market. They then came around a week later to say they have changed their mind and their financia...
Hello!
Looking for ways to limit capital gains on a flip property.... someone mentioned to me that you could do this but never heard of it before....
PP: 30k
Rehab: 20k
Holding Cost: 5k
All In: 55k
ARV: 100k
...
Hi all!I found someone that is willing to sell a triplex that is fully occupied. The asking price was $185K, I countered with $145K because that was what I felt comfortable with looking at the numbers. He came back ...
hello everyone,
Are there any mortgage brokers who have expertise and experience with FHA loans to borrowers that will be owner occupants on 2-4 unit properties and are licensed to loan in Hawaii? I would like to con...
Hello BP,
I am new to the forum and just bought my first rental unit for $49,000. I put 20 pct down and during the loan process it was appraised for $60,000. I will be doing some rehab to the property new flooring, p...
So there’s this guy who bought a 400k home for 10k then fixed it up and sold for 600k for a profit of 200k. It seems pretty simple but in reality i know it’s probably not. Can someone explain how this guy most likely ...