Who finances the rehab upfront costs: material, labor, etc.
Hello BP.The best I could get for commercial mortgage with my credit and personal profile is 5.5% 5Y ARM. I am refinancing 5 properties at LTV 60%, loan amount is $395,000. Lender is a small local bank.The DD took for...
I'm trying to buy my first duplex. I have one under contract, and I'm trying to determine the initial repair costs.I need to decide between keeping the slate roof and repairing year to year, or just replacing. I'm loo...
Hi All,I'm going to need to do a bunch of legal and inspection work prior to buying a multi home project. It could run up to $10,000. I was wondering if it makes sense to form an LLC now so that I can pay all these ...
I truly believe you shouldn’t pay a loan broker (like me) an upfront fee (i.e. tipping awaitress before you get your meal) but recent experiences make me wonder if paying a fee to a funding source or their representat...
After posting about Airbnb arbitrage for a bit I've noticed the same objections again and again about start up costs. In this post I'll explain some of the was one can decrease the start up costs associated with an Ai...
Newer investor and member. I just got my 4th property purchased subject to the existing mortgage. I'm looking for someone with deeper pockets then I and wants to purchase some of these deals off me in the future. As I...
I can't seem to find the answer to this question in my searches, perhaps someone has some experience or expertise with this question- Can I use funds from my self-directed IRA for the upfront costs of a syndication in...
Hey everyone, been doing a lot of research and educating myself on best practices to running an STR successfully. Primarily interested in long distance markets due to prices in my area (San Diego/California).At a stag...
Hi, I'm inquiring about finding money to cover the earnest deposit, inspection, insurance, and attorney fees prior to closing on a wholesale flip. The purchase funds on my buy side are covered, but are there investors...