What is your experience with getting a HELOC (home equity line of credit) for the full 90% value of your home, regardless of mortgage? In other words, let's say you owned a home valued at $200k, and secured a HELOC fo...
This is what I want to know when presenting an offer to a seller should offer 40%-70% of the ASKING PRICE or VALUE PRICE (Homes worth) ?
And what would be a good percentage to start off at?
Thank you all again who r...
Hi! I am new to REI and want to get y'all's thoughts on this rental property in Union City, GA. 1 Bed / 1 Bath, 871 sqft, in a gated community, HOA $280/month. Cash purchase price is $34,900. I estimate the repair cos...
Hello all,
So it's been a few weeks since my last post. We're coming to the end of my first flip experience and it's been a phenomenal experience.
We've received verbal confirmation on 2 more deals and will close o...
Hi All,
General question for a specific situation.
What is the best way (ways) to determine what are the most active listing agents in a given area? (I have done the obvious, drive around and write down names of e...
I bought a 3/1 SFH for $22k put $6900 in rehab but the county has the land valued at $32,400. So I can’t take depreciation? I understand that it is the purchase price minus land value divided by 27.5 gives me what I c...
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BP,I am about to purchase a house for 100k cash with my name on title with the goal of flipping the property with my buddy/future business partner. My buddy wants to contribute part of the funds to purchase the home ...
Hello BP people! I am trying to analyze my first rental deal and I was wondering if anyone in the Boston/Worcester/Springfield area has any experience with paying a local property manager and what your monthly percent...
I just closed on a house in Baytown with a detached garage that already has water and electric run to it, so the plan is to convert the garage into a garage apartment that I will rent out separatelyI contacted the cit...