My dad is selling my parents house, which would be a good investment property to rehab. He just wants the cash and to be done with it. We want to buy it and do a live in flip, but it won’t pass inspection. Could we do...
I have a multifamily in ft Lauderdale, FL deal but im running the numbers and I want to make sure im using the correct percentage in the calculator for Capex and vacancy. Also, how do I find out what the cap rate is f...
Just submitted my first offer in a property listed for $100k. 1,300sqft, 3 beds 1 bath. Roof and slab condition unknown. I found the ARV to be around $180k+ for my area, so it made sense to put in an offer at $73,000...
I'm in the process of moving to TX and am purchasing a primary residence. I asked my mortgage broker approximately how much my DTI ratio would allow me to purchase for a multi family property(s) and was surprised to l...
Hi All,
Seeking your thoughts, insights, personal experience, etc. on this...
I am in the process of purchasing a 3-unit property and would be inheriting the tenants, who are month-to-month. Since the tenants would ...
I'm a buy and hold investor and I have a question about cash reserves. How much is enough?
We have 2 and soon to be 3 (closing on December 3) SFRs. One is rented now and the 2nd one should have a tenant in it...
Hi everyone. When analyzing a buy and hold style rental property, where do you find the certain the information you use to make these calculations. Specifically, I am confused about closing cost %, rehab/renovation co...
I am looking at purchasing a duplex in Cranston, RI. ARV is about $270,000 to $280,000 and the seller is willing to sell it at $150,000. I am struggling with calculating rehab costs, however. I did have a contracto...
Hey all, Not sure where to being with this is a 4 unit I am looking to improve/do an exterior rehab on this spring. Would appreciate any tips/advice! Been doing a lot of digging through Pinterest, rehab pages to get...
I am completing work on a rehab project right now for a house with burn damage. I got a very nasty surprise when in order to get a demolition permit from the city I had to get asbestos testing. This led to the disco...