Hi All, I'm new to this forum and very interested in doing some local foreclosure flips. I currently own a home which i just closed on a refi after living here 5 years, valued at 550k in which i have about 120k in equ...
can someone please share with ane asy and quick-n-dirty way to estimate repairs ?
I.e. windows $185 per window
carpet $X per sq yard
etc
THANK YOU!!!
PS Please do not suggest getting 3 bids from contractors...
Will lenders do a cash out up to 80% ltv on investment properties?
Hi All,
I understand that:
CAP rate = NOI/purchase price
Value = NOI/CAP rate
So, if I want to establish the VALUE of a property, how do I get the CAP rate?
I took the following notes in a...
I would like your opinion. If you have 20k cash and 30k in a HELOC what would you use for a downpayment?My thought is pay the downpayment with the HELOC and keep the cash as a reserve for needed repairs.
Greetings - I have a client whom is interested in potentially selling a large hotel (multiple buildings) located in the Downtown CBD Core of Eastern Washington (state). Sales comparable are not readily available for t...
Hello everyone. I wanted to ask for some help with my Excel sheet I created. I downloaded a few spreadsheets and most of them seem so complicated so I decided to build my own with the basic necessities for MFR. I know...
I understand that there are a few variables at play, but in general, How much equity must you have in your primary residence to qualify for a HELOC?
Hi BP Crew!
New pro member and first post! I'm running numbers and have a question about SFR vs townhome maintenance costs. I'm wondering if I should reduce the variable cost since the outside is maintained by the HO...