What do you believe is an appropriate percentage of Seed Capital vs. reserves that you should have. For example, if you are buying a $100k house and have to put 20% down how much should you have on reserve (20% or more)?
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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...
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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...
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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...
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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...
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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...
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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...
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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...
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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...
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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...