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Investment Info:
Single-family residence fix & flip investment.
Purchase price: $251,000
Cash invested: $15,000
Sale price: $390,000
Bought an old run down house. From what I could tell, some...
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Hello everyone, me and my partner are just beginning the business and our first step we want to accomplish is to find either private money lenders or hard money but we don't know where to look. Where, from your person...
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Does anyone know what the approximate insurance cost would be on a 4-plex split into two different buildings, $180kish. I am considering making my first deal on this property... Super nervous!!!! Thanks.
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Hello All,I'm looking to rehab a philly row. This one has wood paneling and drop ceiling tiles throughout the entire house (about 1500 sf - 2 story 3 bed 1 bath). I have no idea what to estimate the removal of all w...
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I received a letter from the bank, raising my monthly payment because there is an escrow shortage. Can somebody explain what does it mean? Payment went up by $400.00 and is eating most of my cash flow. Could taxes hav...
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What was the biggest mistake you made when you began investing in real estate?What was the biggest misconception you had?
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I'm very new to this game and I was wondering if anyone had advice for finding/closing wholesale deals in Pennsylvania?
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Hey BP,I’ve been analyzing deals in the Columbus, OH area and I’m trying to determine if I’m underestimating. Here goes: 5% - Vacancy 5% - Cap Ex5% - Repairs $50/month - Insurance 10% - PM3k - Closing costs Thank you ...
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*This link comes directly from our calculators, based on information input by the member who posted.
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I am thinking about buying my first investment property in Cleveland Ohio. How do I run the numbers to know if it’s a good deal or not?