Grant Kemp
How can I get an estimate of what's left on someone's loan?
TBH Financing confuses me a bit, and I live in a non-disclosure state, so here's what I'm looking for to use in my negotiations:
I'd love if there was a tool that could let me put in the known loan amount, and when t...
Nicholas Moffett
HOW DO YOU FINANCE YOUR DEALS --- WHAT RATE DO YOU EXPECT?
I am looking to get into multi family investing. But I've never even owned a single family rental ! HAHA I did my first flip and ran the math and fig'd out if I have 10 years, WHICH I DO cause I am 26 years old, the...
Lucas A Davidson
Advice for Lender - are they "messing with me?"
So, I purchased my first "flip" in June for $62k, did 33k in renovations, and now renovations are done. My broker thinks comps would come in around 145-160k. I recently decided to rent it instead of selling it, as ren...
Season Kruspe
Average rehab cost per square foot
Hey all, I'm a new investor in California and have noticed interesting deals interesting Texas, but can't figure out average rehab costs per square foot. For a house about 2,000 ft Sq, with light rehab (paint, floor, ...
Brian Larson
My First Flip - Remotely done in Norther Arizona (near Sedona)
**PICS COMING SHORTLY**I just found this thread and figured I would post even though the rehab is complete and the property is listed. I have another just starting and will post in another thread. Note: I live in Los ...
Dan Crenshaw
Advice needed on first multi
I ran into a little bit of a snag, and need a little help. The 4 family property I have under contract under-appraised, but just slightly. Here are the details:Purchase price: $439,000Down payment: 5%Property taxes: ...
Dalia D.
First Right of Refusal Clause, Option Agreement in Negotiating
Thank you BiggerPockets, Live in Bellingham WA and am a RE Broker aspiring to become a passive note investor for multiple income streams. I am learning to broker notes right now. Have a few questions regarding documen...
Josh Engelhart
What am I missing? Multi Family Cash Flow
I live in Columbus, OH and am looking at doing my first multi family deal. On my local MLS I see multiple 4 unit (2 bed 1 bath) properties at approximately $100k asking price that rent for $500+ per unit or $2,000+ to...
Bradford Myatt
Buying a SFH with negative cash flow
Hey All,After analyzing a deal for a SFH rental mortgaged over 15 years I have a negative cash flow for the first six years. Is that an absolute no-no? I prefer the buy and hold strategy so I don't mind having negat...
Dustin Beam
Anyone willing to "grade" my work? Willing to take criticism :)
Hey everybody,I'm looking at a "deal" that could be my first, so there's a lot of caution on my end. I would assume most of you know the feeling. I'm a believer in the old saying "the devil is in the details" so I'm t...