Austin James
First deal I think makes sense(details inside)
Got a duplex that I've been digging into for about a month
100,000 price
119,000 Apprised value
93,500 sales price
No rehab needed
Currently full of long term tenants (2 plus years)
Rent all together is $1150...
Jason Risley
Looking for a HELOC! Need common-sense underwriting!
My primary residence is worth between $775K and $800K. I'm a realtor so that value should be very close to accurate. I have a first loan at $384K and I'm looking to get a HELOC (home equity line of credit) for between...
Wa Chan
New to REI. Do these numbers make sense?
Hey everyone! Trying to get thoughts on a duplex house hack in the Portland, OR area. 3 bd 1.5 bath about 1240 sq ft per unit. One unit is vacant and the other rented with long term tenants under current rental value ...
Jared Hauf
Tell me if this plan makes sense please!
Good morning all,
I have found a property that I would like to purchase as a second rental property for me. I'm still new to this so please tell me if this makes sense.
My Home: Purchased for 342k in Sept 2016, c...
John Ratigan
Does this flip make sense? Numbers inside. Thanks!
Hi guys, Assuming most points and highest rates: (Hard money lender offers 2-4 origination and 11-14% interest annualized. I'm assuming 4 points and 14 % rate)Purchase price = 210k This particular lender requires I pa...
Brian H.
Does it ever make sense to build multifamily?
Hey everyone,I was bored the other day and ended up browsing some sites for modular homes. I noticed that most of these sites has a multi-family offerings that were pretty attractive. Have any of you chosen to build...
Ekaterina Stepanova
Do these SFH prices make sense in Philly?
Hey BP community!I am looking to purchase my first SF investment property in West/South-West Philly from a local TK provider. My concern is their prices might be too high and since i will never get appreciation in th...
Dean Fiacco
Does this make sense (house hacking & partner)
Hi all,Is it possible to have a partner go in on a househacking arrangement to allow for homeowner financing on a duplex type property while still arranging for financial protection legally for a partner investor that...
Grace Fukuda
5.75% with Refinance cash out loan make sense?
Hello,
I am currently working with a local mortgage company (I have been working with my current house's purchase and refinancing.) for 30 year cash out refinancing options -BRRRR procedure. The current value of the ...
Mitch Howard
Do these cash out refinance numbers make sense
We recently contacted the bank our mortgage is through, seeking a cash out refi. They did a rough value of the home at @ $200k and the payoff is currently $130k. After all was done they only projected we walk away wit...