Matt Scinto
Trying to find comps in an area
So I'm looking at comps in an area and the property I'm looking at rehabbing would be amazing, ticks all the boxes. It's a single family home but the only comps in the area are condos, townhouses, and apartments. They...
Delmas Edwards
Conventional Financing/ AROI/ OOP
Oakwood Ave, Eastpointe, MI Price: 79K Rent: Listed at 900-950 20% DW: 15,800Now Im trying to figure the out of pocket cost, conventional financing numbers, and the annual return on investment. Can someone please help...
Linda Mandet
Looking for Refi with low Closing Costs
We are looking to Refi an investment property but have been quoted $4500 to $6300 for closing costs. Goal for Refi is getting rid of Mortgage Insurance currently have 4.87 int. rate was hoping to find around $2500 for...
Account Closed
Should I pay the taxes owed to buy a house - $14000
I have an opportunity to buy a house, but the current owner owes $14,000 on the house. I could probably buy the house for $40,000 to $50,000 (not including the taxes) and the place probably needs about $20,000 - $30,0...
Luis De Jesus
Investment rates 20% conventional, please share.
I am surprised the forum doesn't have a thread were the community posts kinds of rates on loans they are able to get. If there is such a thread please point me to it. Otherwise, I'd like for you to share what rate y...
Aaron Yates
Condo Comps?? HELP Please
New territory for me. Found it by accident and fits what my daughter needs for a living situation.
Its a 1 bedroom condo for sale. Just under 700 sq.ft. It's an old apartment complex converted to condos.
Older gent...
Francisco Gutierrez
Fee Simple vs Leasehold
Hello Everyone,I know this topic comes up from time to time but didn't see this asked so here goes...Is there a way to lookup (county site?) the years remaining on a leasehold property (and other details) or is it som...
Jay L.
Building Condominums
I was curious to see if anyone has experience with financing and developing a condominium building? This is in a amazing location, by the way!The plans for this property call for 6 Luxury Units, each around 1800 Sqft...
Nate LaBlance
Buyer & Closing Costs
Hi All! Looking for my first rental property investment, which will also be my first home purchase. Should I factor having to pay some of the closing costs as a buyer or does the seller always pay? Or a case by case b...
Ryan H.
Property Management Agreement
Hello, I'm reviewing a property management agreement (I would be the landlord) with the following terms:- Management fee is 10% of rent- Charge of 15% of rent with each new tenancy.- Landlord to pay property managemen...