Hi all! I am having a hard time understanding the timing of the estimation of rehab costs. I thought you first estimated on a PSF basis how much the rehab would cost to come to a purchase price (PP+Rehab=70% of ARV), ...
Hey all, I am looking to purchase my first house and begin house hacking in the near future. One important thing to note is, due to my living in this house, I am not looking for the best investment property. Rather, I...
Ok I am purchasing a dulpex for $60,000 it was listed for $75000 and rents for $600 each side. So do I need private lender or a conventional lender like credit union for my initial purchase of $60,000. With a regular ...
I was curious about this. If an REO property has been on the market for over a year, then I am going to assume that the banks are very motivated to get rid of this property.
My question is, would they still want and...
Hi BPers!I found a very interesting property while I was goofing off on a realtor website / Zillow on Friday. And it looks on the surface to have some great potential, so I would like to investigate this property for...
What strategy do you prefer to use to tap into your homes equity to use towards a purchase on an investment property? And why?
One of my tenants recently told me that a dark spot appeared to be growing each day during the rain, until they woke up with water leaking onto their bed..
As I was contemplating how many days it had been get...
I will be soon finishing up two builds on STRentals, under my LLC, in the Smokey mountains I used a hard money loan for. The appraised value after the build will be about double what I will owe the hard money lender....
Hi all-I was hoping to get the Community's take on the following scenario...I am looking to acquire my 5-6th units via a duplex. This would be a solid property in a good area consistent with my portfolio to date. ...
You’ve learned a lot since you started the journey of investing in your first passive real estate deal: you’ve weighed all the differences between asset classes, zeroed in on your ideal geographic market, and put on ...