Hello guys,I've never pulled the trigger on a deal before, in part because I don't have all the capital lined up just quite yet but mostly because I am not confident in my ability to analyze a potential deal. When lo...
I just finished running the numbers on a duplex I'm looking at. My idea is that I want to purchase the property with an FHA loan (3.5% down), fix it up, and then live in one unit while renting the second unit. Once ...
I showed a house today, but only after emailing the listing agent, then calling him, and finally calling the office to ask about the Seller's Property Disclosure. Backstory, my area is super hot, and any property sitt...
If I'm not mistaken, double closing is essentially I enter a contract that includes person A - person B (me) that only involves the rights to the property not the property itself, then once that's complete, I would se...
I am new to BP as of a week ago. Can someone double check to make sure I have the correct number on this deal?Thanks!SeadView report
*This link comes directly from our calculators, based on informati...
Im paying cash for a duplex, closing in a few weeks. After I close, can I drive over to a bank and get a loan for 70% of the appraised value (pulling my cash out plus a little)?119k appraisal74k pp
View report*This link comes directly from our calculators, based on information input by the member who posted.Usually in my area the tenant pays for the utilities. I'm being financed by a HML and HML is providing the...
BP community,I'm looking at getting into my first rental property and have a duplex I'm looking at and ran the numbers and wanted to get another set of eyes on the deal.The information is on the below linkPrice - 195K...
Hey there, guys!
Please, double check me on the correctness of expenses placement into current (a write off for 2012) or capital (depreciation).
1.building a new protective covering over electric panel bank (old one ...
Hi all!I looking for some advice and help double checking my numbers for a fix and flip in the Asheville, NC area. Want to have a solid MAO, then start offer below to begin negoiations. Also- any ideas on structuring ...