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I'm in the process of looking for my first deal. I see rules that we must follow to find good ones, yet I don't know which resources to use or how to know what to look for. Please keep in mind that I plan to do out of...
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I am trying to determine what the cost will be for a 1800sq flip home to be demo'd. The demo would consist of, removal of the following items:All flooring (tile & carpet)all base and casing 5-8 lighting fixtures2...
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Let say I had 30k available to invest in Real Estate. How should I invest it?I don’t find Wholesaling appealing. I am more interested in BRRRR methods or fix and flips. I enjoy working on homes and would like to fix a...
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I am a new investor and my mentor advised me to begin with rehabbing mobile homes (MHs). She is in Rhode Island and I live in Washington state, obviously laws differ between states. Washington state has the anti-flipp...
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Greetings Fellow Investors, I am interested in putting this house under contract but I need help with estimating the rehab cost. The owner of the house passed away and left it to a relative. The owner was a hoarder. A...
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Fannie Mae Homestyle Renovation Loan vs. FHA 203(k)
The FHA 203(k) is the most widely known renovation loan, but did you know about the Fannie Mae Homestyle Loan?
Here's how they break down:
Fannie Mae Homestyle
M...
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Currently have an opportunity to obtain a property via owner financed. Debating on how the terms being structured will effect my BRRRR exit strategy. PP: 76kDown Payment: 6KInterest: 8% Term: 20 yearsMonthly payments:...
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So I have a prospect that asking price is way too high. $539,000 on $2,010 monthly rent. Triplex. Basically looking at GRM= 22 and would give a 2.5% annual return. Rents below market value. Should conservatively ...
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Investment Info:
Single-family residence fix & flip investment.
Purchase price: $266,000
Cash invested: $56,000
Sale price: $389,999
Bought this on the 23rd of June. This house is mainly cosm...
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*This link comes directly from our calculators, based on information input by the member who posted.