I am a new member to Bigger Pockets. I really appreciate this site and the wealth of information I already found. I am new to real estate investing. We have our first purchase under contract. This will be a flip but i...
We are in the process of looking at investment properties. We are looking at single family homes and we have no experience inspecting properties any advice in what to look for and what are red flags?
Alright, ignore the low numbers, I invest and flip / buy and hold in Ohio. I follow tax and sheriff sales in my local counties in northern Ohio. When I see something announced for sheriff / tax in the local papers I d...
The formula:
ARV - rehab costs X 65-70%= purchase price is hard to attain in the current market. I think as of RIGHT NOW, its more like:
ARV - rehab X 75% = purchase price (too really have a chance at getting the p...
Hi my biggerpockects friends. i have a question or maybe a few so here goes. i was wondering if there were any cash buyers, flippers in here that do larger rehabs such as $280,000 and up? i was driving through a neigh...
I see a lot of people talking about buying and holding condos and all the issues with it but I don't believe I have seen anything about flipping a condo? I have recently found one in foreclosure and all other units of...
I recently read an article stating that banks holding reo's are forcing investors to hold the property for 90 days before flipping. Now does this apply when an investor is flipping a property to an end buyer by means ...
this is my first flip, and i need help figuring out how i am going to finance this deal. i have a hard money loan which they want me to put down 10%.
so here are the figures
arv $140,000
purchase 70,000
repairs 30,00...
I live in the dc, md, va, area which is a little expensive. The baltimore area is the cheapest market in the area that I know of. Is this a good investment market for flips or buy and hold.
What are your thoughts on this deal...Would you do it? This is assuming 1 year to date from closing I will close on the sale. It is a gut rehab. Purchase:Sale Price$550,000 Closing Costs:$9,625 Holding:Renovations$175...