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I recently purchased a duplex for $450,000 with 20% down. However I pulled $50,000 out of a 401k loan with a 10.5% interest rate to be part of the $90,000 down payment. The 10.5% interest on the 401k loan is likely hi...
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I am looking at a property in a semi rural area in NW Georgia. The properties in this area are very difficult to comp because #1, most have not had a transaction in many cases SEVERAL years. Many have acreage, some ...
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Investment Info:
Single-family residence fix & flip investment.
Purchase price: $89,500
Cash invested: $4,500
House Hacking 2.0 - The live in Flip.
What made you interested in investing...
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Hello peers I’ve recently got into Wholesaling and wanted to know if any experienced bodies could give me some good tips?
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Just curious if the 50% rule is accurate for single family residences or is that more a rule of thumb for multifamily properties? Does anyone who invests in single family residences out of their area, like a different...
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I've read in different books and articles that when first looking at properties there can be a high level rule of thumb for rehab estimates.
For example, if lite rehab is needed estimate X per square foot (i.e. may...
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Hi BP community! I need some input on an investment property. Is it better to factor in my construction costs into the Hard Money OR use the cash I’ve set aside towards construction? I’m a contractor so the constructi...
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Investment Info:
Single-family residence fix & flip investment.
Purchase price: $235,000
Cash invested: $230,000
Sale price: $595,000
Property was a 3/2. I remodeled into a 5/4. property is ...
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In analyzing a potential REO property, I came across this in the MLS listing comment section. "Buyer responsibility to tap-in to City Water/Sewer service which is available" does anyone have experience with dealing wi...