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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...
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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...
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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...
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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...
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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...
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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
...
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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 ...
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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...
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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 ...