Let's say I am wholesaling a pre foreclosed property. The property's ARV is $300,000 with 80% equity, meaning they have paid $240,000. Now I am assuming they have missed 5 months of payments. Is this math right? These...
Investment Info:
Single-family residence fix & flip investment.
Purchase price: $75,124
Cash invested: $35,000
Sale price: $147,000
This house was a foreclosure with roof damage from a tornad...
I am considering putting an offer in on a duplex. The financials are as follows:Rent charged $1400 totalMortgage(land contract monthly payment) $300Taxes $109Insurance $72Mgt Co $120Utilities (landlord pays one side ...
Hey I' having a very hard time finding lenders that can help with not for profit deals I have
can anyone point me to the correct person or company? thanks in advance!
Investment Info:
Single-family residence buy & hold investment.
We lived here for 3 years before turning it into our first rental! It is now a profitable airbnb being less then a mile from downtown and ...
I am looking to see what other BP investors set as their minimum profit criteria on flipping a home. I tend to set a 10% of ARV unless it is a simple no fuss home that takes little money in renovations. Just wonderin...
After paying the mortgage, saving for expenses; what percentage of the monthly rent should be a target profit?
Lessons Learned........Profit Earned.Click the link below to see what we did last year.https://drive.google.com/open?id=1nQRTq1E3-mwyxFJFgqp2l2O32Jmc2IrrWe did this Gig to show other RE Investors & Lenders that ha...
Hello All,Looking for some advice, did a flip house with a friend/partner. I am the money guy he is the rehab guy. The house is being closed on very soon. The property is completely in my name and I want to ensure I a...
I have a rental property under a LLC with a business partners(2 partners in a LLC). How is profit taxed in LLC? Lets say the rental property generates $100 net income every month. In the end of the year if we dont ta...