Hi everyone, so what does buying and selling notes actually cost in terms of transaction fees? Certainly there are transaction fees... What do brokers usually charge for a buy or a sell?  Also, what do note servicing ...

How to calculate holding during rehab? what is the formula to holding cost in a rehab? 

Hello BP,

What are the estimated closing costs for a rental house?

The house pruchase price is $105,000 and the loan will be conventional.

I think that 4% its a good number to use.

What are your thoughts?

Thanks

I evaluate taxes, service fees, maintenance costs and other expenses to ensure that the property is profitable.
Which ones do you take into account?

Is there a general rule of thumb or percentage of purchase/selling cost for calculating closing costs when buying & selling a rehab flip? I'm just trying to make sure that I'm running my numbers right. Any feedbac...

Do holding cost include things such as electricity, water, heat, ect... if so/not how is this calculated?

Thanks

Outside of the down payment, I'm trying to calculate how much money I'll need to have ready upfront in order to purchase a 12 unit apt. I know the exact numbers will vary dependent on location, season, etc. But could ...

Hey!I want to buy my first rental this year and I want to start ASAP. The thing is that I don't know how much money I will need, beside of the obvious costs of the rental itself.Is there money I should have besides th...

Hi there - NEWBIE here.... I am in early discussions with sellers about a seller finance deal near Portland, OR.  As I am considering my offer, I am trying to understand how much to budget for attorney, title/closing ...

Is it possible to underwrite seller financing deals in Michael Blank calculator?I need help on a seller financing deal offer I am putting together. It's a 12 unit apartment building. Each unit is $700 rent, insurance ...