Hi, we are working on our "buy and hold" business plan and came up with a couple of questions related doing cash buys of residential properties followed by refinancing to pull equity out.We are planning to build a por...
Please advise , on duplex
Asking price 90k
2 units currently rent for 775= 1550
Tenants pay all utilities
Annual taxes 2000
Homeowners insurance is 150 a mouth
This Duplex is in metro Detroit
This is my first...
I just bought this house and it needs a ton of work. There was a major plumbing leak upstairs and its already been gutted. What remains; the studs, subflooring, etc; all look solid. Basically just need to put her back...
Most counties have a GIS in which you can look up any address to see information in taxes, ownership, etc. I’m wondering if anyone has developed a script or search string that can pull up a list of all the multi famil...
Need some help to finish our house. I own the .83 acre lot. My significant other and I decided to use a builder she had done business with in the past. We are paying cash to him every week or so when he sends bill....
I'm considering buy a 3 family as my first investment property. Thought is to owner occupy 1 unit and rent out the other 2.(Hypothetical Situation)149k asking price130k purchase price50k rehabARV value - need to confi...
Hi BP Community,Ok so, the mortgage broker that helped me a couple years ago with lending on my current home contacted me to see if I was interested in refinancing. I told him I was interested and to send me the num...
To be ready at a moments notice for good deals, I have heard of obtaining a line of credit. Can anyone explain to me how this process works, requirements and fees? Suggestions?
I have a friend as my hard money lender, $26k to purchase and I'll pay for both closing, and repairs out of pocket. I've talked to a local bank that will make 30 year loans on anything over $25K, so I'll hoping to pul...
Hello everyoneI have a property that was purchased with cash and I'm looking to pull cash out of the property to keep growing the business. I was looking for some recommendations on who you have used to do this. If an...