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I am looking at my first BRRR and I got my first live Motivated Seller offering up Seller finance terms for a 3bed 1 bath SFH in NC. The terms they proposed are as follows...$165k PP, $18k down, Interest only paymen...
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What is everyone's best advice for where to store your cash flow. I currently have a single family property averaging $330 a month in cash flow which is going into a basic checking account seperate from personal. This...
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Hey all!I was hoping to get some feedback on a scenario on ran into with a client yesterday. The home had a boiler, all of the piping (asbestos) leading to the radiators was wrapped or jacketed in a protective jacket...
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So I'm still starting out and wanted to see how some others analyze their deals. I'm just practicing and not looking to buy this one but if it's a good deal then go ahead and take it! I know it's extra work on top of ...
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I have a unit in Birch Bay, about 1.5 hours outside Seattle. The upper unit is leaking into my lower unit master bath. The walls have been opened up and this has been determined to be an HOA responsibility. Since N...
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Hi, All!
I've been analyzing properties for a few months and saving up for a down payment. I have yet to put an offer on anything because it's currently a seller's market, so inventory is way low, and prices are high...
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Hi All,I currently have $5,000 in reserves for any unexpected cap-ex/repair items that may come up. This is for a newly rehabbed property. Calculating the cap-ex internal rate of return I'm getting $125/m for a hold o...
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I went house shopping for distressed properties and have already sent out letters over interest to buy. These abandoned duplexes are in an area that the property values are slowly climbing up but these homeowners are ...
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So I am looking at a hard money lenders website (Lending One ) being new to Investing I was doing some research . Here is what it says in the faqDo you fund the repair cost Yes, we specialize in Fix/Flip lending th...
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Hello everyone. This summer I did a BRRRR in Ontario and I'm wondering what I should do regarding claiming the renovation costs. I purchased the property at the start of July and renovated it until Oct 15th. In this p...