First time poster, long time follower. Looking at a potential investment in Jersey City (The Heights) and could use some more eyes to see what I'm missing. Details and analysis below. Any feedback is much appreciated...
So I know this contractor who has done a few jobs for me at my own home. He does high-quality work and is trustworthy. During the most recent time he was at my house, I asked him if he ever does any flipping. He sa...
My husband and I are finally ready to take the plunge and buy our first rental property. We always hear from bigger pockets, social media, podcasts, etc about not having to use your own money in a deal. We are pursuin...
How would I get accurate repair cost?
Hi Everyone: I was thinking to open up a space for an "anything goes" thread, where the topic is real estate development and development deal making. It could be anything: questions, war stories, best deal, worst deal...
I currently am building spec homes in a rural area in Colorado and have been self funding the spec builds. I am looking into getting a SPEC line of credit for 1MM or 1.5MM. Each project cost is around the 400k market ...
I'll cut to the chase:3b/2ba each unit (built as a duplex so mirror images of each other)Listed for 80kPurchase price- 70k (seller paid closing costs) with 20%down ($14k)Rent- 650/unitPITI- approx $500/monthNeighborho...
Investment Info:
Single family home in metro Detroit
Purchase price: $121,000
Rehab Costs: $45,000
Cash invested out of pocket: $700
This was my very first flip! I did 95% of the rehab and I'm really thankfu...
Hello! Looking for fixer uppers with flipping in mind but found a SFH on the outskirts of town. It is bank owned asking around 95k it needs a touch up but practically all cosmetic barring a possible heating system iss...
Hey guys and galsI have a commercial property that i plan to build some rental space on. Id love it if anyone could try and poke some holes in this deal, and tell me what i missed. The bank i have been talking to want...