Isn't it usually 6 months payments for each property you own? I ask because I'm considering selling two of my houses and using the proceeds to buy 5. I have about 200K in cash on hand that I'm not touching, since I'm ...
I would like feedback on a rough analysis. Information gleamed from realtor and trulia.com and verified with the County Assessor. The construction estimate is extremely rough: My sense of construction cost is improvin...
Flip vs BRRRGreetings,I wanted to know what you guys think about the differences in these two strategies when it comes to building up capital reserves. Please correct me if these projections are inaccurate. Situation ...
I came across a condo that has an HOA of $90/m in Milwaukee. The $90 covers lawn, snow removal, water. There is no budget/reserve money for CapEx. Each resident has their own water heater and HVAC that they are respon...
We did a lot of sub to before the great crash of 08, all of which were in land trusts. My big question has always been, why would the bank call the loan even if the intrest rate went up? Banks make their money on the ...
It seems that LONG term mortgage rates and Inflation have peaked? Fed funds rate/Prime rate still has room to go, 50 to 100 BPS. 10 Year Treasury hanging around 3.5%. SEE some charts below. What are your thoughts?
Hey guys! Thank you in advance for reading this. I recently just got a property under contract. Comparing the ARV to the price I got the property under contract for is about a $180,000 spread. I've been working on th...
I am from Seattle and reached a local lenders to finance an investment home in south-side of Seattle (Tacoma area). I got an financing from the same lender for my residential home purchase. Now he is quoting me 4.25% ...
As the real estate market continues to shift, investors are finding it increasingly difficult to make deals pencil out. Recently, I submitted an offer on a 120 unit apartment deal in Brownsburg, IN, and a 58 unit apar...
Investment Info:
Single-family residence wholesale investment.
Purchase price: $141,000
Cash invested: $23,500
Sale price: $220,000
Fix and Flip highlight from one of my investors!