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Me and my partner are trying to get into the flipping business. We only have about 50k put together and we don’t know how to start. We would like to flip a single family home as our first flip but the market right now...
A 24 unit apartment nearby just got posted for sale. Everything looks fine, except the price. NYC, asking roughly 12 million. Preferred lender suggests to assume the 6 million loan. They told me there is no way to ha...
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In Kansas City, the single family home prices dropped 20% in 2008 in many areas and the inventory and day on market increased dramatically. When the next downward cycle hits, what are the: 1) Key drivers (economy,...
Hi everyone, New member here. To make a short story:Professional age 30, income in six figures, - disposable income of ~120K a year after taxes, bills and loans- stay at home wife with child- looking for stable invest...
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I’m looking to build my first spec home but I’m having trouble finding a lender. Most lenders require you to have two new builds of experience. For the last three years I have been a superintendent for a commercial co...
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What's everyone's opinion on which market has the most promise? Looking for something with low acquisition cost, and meets or exceeds the 1% rule. I've decided that finding "deals" in Arizona is unnecessary as there ...
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The upside here is potential expaision. The site has preliminary approval to build 10 additional 2-bedroom units. Based on rough numbers, the ROI is very good — for the expansion.Unfortunately the ROI is very low for ...
Hi all,
I have two questions regarding the financing associated with syndications. First, I'm breaking down the costs into 3 broad categories: the purchase price, the closing costs, and the rehab costs (if any). For ...
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Hello all,I am looking for recommendations for a lender who will fund the acquisition of land and the cost to construct a duplex. This would be my primary residence and would also like to use my VA loan. Thanks!
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Llooking for advice on cap rates in bc. I'm on the look out for a multifamily apartment building smaller size 12-20 units and I'm finding some deals in the valley in the 3.5-3.8% range. All normal expenses deducted ma...