I've got an offer in on a house, it's listed at 142, I offered 125, it's worth 230-245 after about 3k. I purchasing w hard money. This would be my first official flip (other than my own 3 houses) so I'm a little nervo...
I've just recently sent out my first YL campaign and think I might have my first actual motivated seller to work a wholesale deal. Some info about the property - about 2,200sqft, 2 story SFR, 4b/2.5b, built 95', unfin...
HI BP Community - I have contracted a house for my first flip in Arlington, TX. I got it from a larger wholesaler and the margins are thin, so to get the best return, it needs to be “nice” - have a little bit of that...
Got a Rental Property in San Antonio, TX. Unfortunately I cannot be there physically for tenant showings etc., so brainstorming various ideas, Hiring a Property Management company will make the cashflow -ve. So, figur...
Hello BP community!I have been in my education phase for around 4 to 6 months and am an obsessive learner. I want to transition to the next phase, which would be to put my boots on the ground. I initially talked to ...
My wife and I just purchased a new construction property outside of Fort Benning, GA in a developing area of Fort Mitchell, AL. We can’t decide if we want to sell it or rent it out when we leave here in about 2 years....
Hi. I just purchased a 4 unit in Rhode Island. I have an insurance walk through in a few days. Any suggestions how to help the tenants get ready. 2nd question any reading recommendations on general tenant issues.
Buy
Property Source: auction.com
My Source of Funds: 401(k) Loan
Purchase Price: $154,500From me: Down-payment = $15,450 (10%), Closing Costs = $11,587 (7.5%), Points = $3,281 (2%), Interest = $6,500 (4%)From Hard ...
This will be my first purchase so looking for any feedback from the community.Ask - $50k - started above 70k. Assessment well over 100k. Homes in area 130k+. Needs - probably 15k in immediate repairs, another 10k in v...
Hello all ... having some issues with making the numbers work with such little down payment. I'm using mortgage/interest, taxes, insurance, 10% management fee, 10% maintenance buffer, 7% vacancy rate in my excel sprea...