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Results (6788)
Account Closed Good %profit in westchester/ NYC
24 September 2017 | 4 replies

Hi everyone, My question today is for all of the real estate investors in the westchester county and New York City area of New York. My question is what is the general %profit when rehabbing or wholesaling in these ar...

Michael Cox Understanding BRRRR analysis when using conventional loan
3 February 2022 | 2 replies

Hello,My name is Libby Cox (I'm the members wife). We are currently working towards purchasing our first investment property. We are hoping to use the BRRRR method. After evaluating our potential markets it has become...

Account Closed Impact of deductions explained
18 June 2021 | 3 replies

New here and understand the general concept of deductions on income. Could someone explain with simple math. Let's say a $300K 4 unit bldg with total gross rent of $3K & $1K/mon operating expenses (trying to keep ...

Daniel Dunn Subject 2 question
14 January 2023 | 1 reply

Good morning ,while looking around at properties this morning I saw one that may have the potential to be converted into a duplex, initially looking into it of course I would push for an FHA loan , but thinking about ...

Lisa B. Structuring Partnership as GC & Investor
16 February 2023 | 3 replies

1st Rehab/Flip:  We are a GC and about to sign to purchase house with a partner. We are both putting in equal initial cash investment for purchase and costs (property taxes, insurance, utilities) for a  est.10 month h...

Ricardo Gonzalez Understanding HUD bid and Net to HUD
6 May 2023 | 1 reply

Submitted a 300k bid on a HUD home and they countered. My original bid included 10k for closing, 10k to the sellers agent, 10k to the buyers agent. After subtracting that, "net to HUD" amount was 270k, and it needed t...

Mark Nguyen Lending for Closing and Other Fees
23 July 2023 | 6 replies

Hi,
I am working with a couple doing cash out refi on their business and a rental property in Texas.
They are looking for a loan to cover the closing and other fees.
Please let me know if you are a lender.
Thanks,

Korey Harmon Quick question about appraisal rules when comping
30 August 2023 | 1 reply

I'm trying to practice running comps on properties online and get used to appraisal rules. The thing I'm confused about is when it comes to subtracting/adding for carports, pools, and garages. For example, if neither ...

Jack Phillips How do I include mortgage, liens, etc into offer price?
18 January 2024 | 1 reply

Hi all, Im a new wholesaler. I really need help because Im struggling to solve this problem on my own. Ill give you a hypothetical scenario: Lets say the ARV of a house is $350,000,$ needed for repairs is $35,000,and ...

Jon Delarosa Taxes in Operating Expenses
3 July 2024 | 2 replies

Hello,New to this experience and learning as I go. Looking to turn my residential property into my 1st rental property and trying to look at numbers to see if it makes sense. A book I’m reading mentions “taxes” should...