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Good afternoon, BP.Let's say you want an applicant's monthly income to be at least 3X the monthly rent. A) If the applicant is an employee, would you just subtract the average expenses found on the bank statements fro...
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My question is it better to do a HELOC or equity loan to pull out cash. I don’t want to refinance because my APR is 2.25. So with this which would be better? I’m selling the home in a couple months anyways but want to...
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So in researching rehabs I found this site, which claims to give ranges for various work and jobs by zip code. I'm just curious how accurate it is compared to what you all have experienced. You can estimate a specific...
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I'm looking to buy two duplex properties in another state, Cleveland Ohio, and I wanted to see if this is something I would need a property manager to mange. The properties already have tenants, and one of the propert...
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I have found a few deals by calling directly the owner. These were situation where I managed to find their phone numbers in the public records, sites like yellowpages.com or spokeo.comThe challenge is the phone number...
I'm beginning my first wholesale deal, and I'm confused about the assignment fee. I have the seller, and we've agreed upon a price of $250k. I believe that the property is worth $270k ($20k mark-up), which is what I w...
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I am very savvy at calling contractors to get pricing on jobs where there is ample time. However, I am struggling to find an accurate way to estimate rehab costs if I only have say 24 hours to see a property and run m...
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Good morning everyone,
I was just searching to see if anyone has any tips to help keep utility costs down. I already had a buddy replace all high light bulbs in a 3 bedroom home and his last 2 electric bills wer...
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As a beginner's, when a contractor is submitting there estimate to me. Is It wrong for me to ask for it too be itemized? If so, I would not mind paying them for there time in itemizing the estimate to be accurate. But...
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Are there any websites or tricks you all recommend to find the most accurate ARV? MLS websites aren't the most reliable, and I want to make sure I'm accurately calculating the ARV.