Shanna Beverly
"Subject to" Wrap Loan using owner financing and a RMLO
Hello all,
I am trying to analyze a deal for a potential "subject to" and wrap mortgage using owner financing and wanted to see if anyone could provide some assistance or recommendations based on the numbers....
Aaron Junck
"50% rule"
As far as the "50% Rule" goes.
When you evaluate a property and you say 50% of the monthly gross rents should be figured for expenses prior to servicing any debt, does this vary much if you are going with new constru...
Juan Turner
First Commercial Property (8 Unit Multi-Family). Good investment?
Hello BP!I'm interested in your comments regarding the price for this property considering the current rents. The property is located in Montgomery, AL. The contract price is $274,500. The asking price was $280,000. I...
Gene Maltsev
Potential New Construction in LA
Hello BP!I'm new to this forum and RE investing in general so please bear with me, especially if my questions seem a bit rudimentary. I just moved out to LA and currently living in an up and coming area within 10mi of...
Matthew J. T.
Do Wholesalers need to know/estimate repair costs?
First off, I did search forums and these are the two answers I got :
"My best advice and the safest advice for you, don't estimate rehab costs for them. There are too many factors outside of your control that contrib...
Patrick Philip
How to determine value of a commercial property w/ no list price?
I have found several commercial property websites. Many of the properties have no list price. They are relying on me to make the first offer. How do I determine how much I can offer?I can assume that I should estimate...
Diane Menke
setting up our RE investing company & looking for feedback
Today our domain name was locked in and some initial data placed there.
Photos of our sturdy not glamorous rental props will follow next week or so, along with tenant support information.
Props for sale will be sh...
Zane Abner
STR Revenue Target vs Purchase Price
For a STR is there a target % of purchase price that generally equates to a successful STR property? Similar to the 1% rule.
Bruce Clark
Suggestions for deal/partnership with contractor
I picked up a house at a tax sale for $1,500. It is a small 2 bed/1.5 bath. The owner before me was renovating but then just walked away from it. The house has a new roof, new windows, and new drywall in the living ro...
Maxwell Milholland
Is becoming a real estate agent worth having access to the MLS?
Hello everybody,
I am brand new to investing. I am wondering if it makes sense to pursue getting my real estate license in order to have access to the MLS? my rationale is that 1) I don't want to be a hassle to real e...