How are closing costs customarily split between the investors and the bank during a closing? Fees may include Doc Stamps, Abstract Title, Title to Close, Recording, and other miscellaneous closing fees. Naturally, I'...
Hello, I'm looking at some older buildings. They appear to be built early 1900's. Like I think 1930 or so. If you were to buy and you got an building inspection that would turn up any major problems right? So as long ...
I have my first commercial deal under contract for a cash purchase of $375,000 (I am paying all closing costs). It consists of eight 2BR/1BR units and eight 3BR/1BR. All units are currently rented with a gross month...
I have my eyes set on a duplex 2/1 that appears to have been boarded up for a few years. Is it ever a good decision to buy property in this condition?
What would be the cost associated with gutting out the entire pro...
Hello,
I'm looking at a property in NJ and the broker is telling me it's a 2 family
but I check the tax records thru the city and they have it listed as a 3 family.
I'm assuming the city and tax r...
Business owner, property investor and commercial realtor here out of South New Jersey and Philadelphia area. I have for many years now read the forums, learned immense amounts of information and figured it was not tim...
Hello All !Buying a flip house in the city of Atlanta. They pulled an addition permit, electrical, HVAC, plumbing. electrical, plumbing, and HVAC all show "passed" in the Accela system. The addition permit also sho...
I came across a recently flipped property (SFR) at $195K in central FL, rents are in $1500 range. I am still new to this investing, so need advice. This property is in a good school district, well established area ...
Does anyone have any major red flags/safety things to look for when making sure a contractor does things correctly?? I just realized that our contractor didn’t put in a gfci outlet next to the sink in the bathroom he ...
Looking for feedback on this investment vehicle for out of state investing?