Turnkey 4 Unit Property I found: Occupied and makes $3900 a month confirmed currently.Principal and Interest: $1154Property Tax: $480Home Insurance: $125Vacancy- 7.5%: $312Repairs- 7.5%: $312CapEx- 7.5%: $312Prop. M...
Hi,
Where could one find the fannie mae requirements for owner occupier bidding?
I am looking for a second home in a beach community where I would split my time between my existing residence and the new house. I wo...
I just started reading the BRRRR book by David Greene. MIND BLOWN! Up to this point I had only considered the traditional way of borrowing money through a mortgage company.
I am a newbie and am looking to not only p...
Like Gerry's earlier post, I was very reluctant to share my story. But now the time has come for me to share like Gerry so that no one else gets themselves in a bad deal with Scott or anyone else. I specifically wai...
Hi All,
Closed my 1st deal from the the 1st 1,000 mailers I sent out to absentee owners mid May.
The 2nd mailer (1,000YL's) produced less than 12 calls and my last mailer produced 3 hang ups and a not s...
Carpet is so trashed that it may need to be replaced. They will shampoo as required by the lease before leaving for Texas (they even said so), but judging by the type and amount of stains on what was spotless carpet b...
Economic Update
(Monday, November 23, 2020)
When COVID-19 arrived, all of us were confronted with an unexpected pandemic that upended the plans we had for 2020. But the pandemic is only part of our story. Whe...
Hello Everyone,I have a few questions for all the fix/flip investors. I did 2 fix flips last year. One, I made a profit; other one, I kinda even out. I learned a lot from both projects and hope to learn more. I wa...
Has anyone utilized the 100 percent financed Multi-family Acquisition Program? Apparently they assist walking you through finding deals, financing them/obtaining business credit, and closing the deal...
I left of the last R because even though it would like to repeat in Brooklyn I'm not sure my credit will stand it at this point. I bought this building in June of 2007 for 714k 2160sf bulking was vacant. I used and F...