I could see 65% being a good rule of thumb, but doesn't value of the property come into play as well? If I'm looking at pricier properties (say over 175k ARV), my thought is to allow going up to 75% max acquisition + ...
As some of you may recall, I'm buying the house I grew up in as my first rental property.
My parents have taken good care of it but it's a 38 year old house. They've been empty nesting for about 12 years.
That sa...
Trying to find out if anyone knows of an inspection that needs to take place by the Housing Authority, in the city of Portsmouth Virginia even if you do not plan to rent to Section 8? I was informed by someone lookin...
Good Day, I am originally from Rochester, NY but now live in Sarasota, FL. Having been in real estate for over 30 years I decided to get out of the area I lived in because of the growth opportunities were not there fo...
Hello BP,I'm negotiating a sales contract for a property located in 21229 area. My focus is cash flow so I accept the fact that the neighborhood is below average (but not a war zone area). The property is close to E...
As the calls start coming in from my first decent marketing campaign (500 postcards), I am struggling to make offers that are a win-win. Some properties are in rental areas where crime is the highest in the city of...
I live in the Metro Detroit area and I'm new to real estate investing. I'm looking for people locally to connect with. I also want to get ideas on what real estate investor clubs to join. Thanks.
Richard Harris
This company is a complete real estate and investment ponzi scheme. Run by Dutch Mendenhall and Amy Vaughn, they solicit hard money loans (which they do not pay back) and joint venture real estate deals which they al...
Is anyone a member or know someone who is? Is this like costco for homes or more like Ronco :roll:
just curious, it seems like a good Idea from the infomercial but then again it's an infomercial.
Any thoughts? I ca...
Hey all- sadly, even after 100 flips I'm still not totally clear on the dates on the FHA flip guidelines. I'm certain that the 'start' date for FHA flip is the date the property was purchased (not Deed recording date ...