I finally closed my first seller-financed deal last week in a great neighborhood. The home is a 3 bed 1.5 bath tri-level w/ 1350 sqft and a 1 car garage built in 1960. It took 2.5 months of back and forth negotiatio...
New or seasoned real estate investors..Would you find it helpful to hire a project manager to handle everything for your investment property, from creating a scope and budget up to the point of selling or renting out ...
I've looked online for some information about the average % of the final home price vs. the price you purchase the home for and found that the home should be purchased for 70% of your home's final sale price. However...
I recently bought a house in the Reno, NV area but have decided to either flip it or sell it soon (the market is crazy and I’d make a profit without any improvements). There is an unpermitted addition (600 sq ft) that...
I started spending a lot of time researching new rental markets for myself and recently came across Parma, OH. In this post I'll share some insights based on my findings and some data to showcase why this market is a ...
Hey Guys, I'm an investor from NYC, I have been investing in Philly and Baltimore for about 4 years; primarily rental properties/ and flips. I am now looking to get into new construction development in the PG, Montgom...
Hello, BP community,
I am interested in learning about owner finance underwriting. Currently, I'm evaluating a property where the owner initiated a loan two years ago. My question is: How much equity should an owner ...
What do you safely budget monthly for replacements and improvements of a multi family such as appliances, roof replacement, renovations, appliances, countertops, additions, etc? I have a client looking at a 12 unit a...
I am trying to think of the best scenario to get maximum tax benefit for rental property in the following scenario.
Say that I have a house that is paid off and I want to convert it to rental property. If I take cas...
What gives when a lender won't respond to telephone calls/emails after weeks of trying? Great LTV, 797 FICO. Was told "slam dunk" loan. Initially loan loaded in wrong (he used wrong address) but reloaded it and sai...