I was talking with my lender who said if I looking to buy a SFR for $70k it's looking around 9% if I do conventional 30 year right now. She even suggested I look at credit unions for small loans since it would offer b...
Hi all - A good friend and I have decided to begin our adventure in real estate investing and will soon be ready to purchase our first multi-family property (triplex or fourplex). We have done our research and are on ...
I know this may sound like a crazy question, but I would like it clarified.What are closing costs?What expenses are including in the closing costs?Any general rule of thumb/guideline for estimating closing costs?Thank...
Hey all,I have mostly been looking into duplex's in the Milwaukee area, but I have recently found a SFR I think would work but I was hoping I could get some input from those in the market as to what I could budget for...
I've noticed that financing an investment property, either SFR or Multi-Family, whose asking price is lower than 50K seems somewhat frowned upon with lenders. I've seen a few companies who will not lend on properties ...
what is the average gross profit per deal and what should be the minimum.
It is a difficult thing to try and arrive at a typical cost for conveyancing work. It’s not standard across the board and there’s no scale of rates like you may see your garage print for serving costs. You are not goi...
Ok, I'm going to admit that my first thought was the 20 billion dollar escrow fund was a load of crap. I thought it was a shakedown without any due process. I was thinking, like any conservative republican would thi...
Hello BP members,We are looking for some advice on doing a lease option on a duplex. The seller is motivated (burned out landlord), just not sure yet how motivated. The asking price on the property is $54,000 (just re...
I am looking for information on how to start real estate investing. Would attending a 3 day real estate workshop such as Fortunebuilder, for newcomers like myself, be helpful? Thanks