Hi, here's the situation.
I'm working on my first wholesaling deal.
I found a motivated seller today, and ran the comps.
I haven't seen the property yet. My partner says at this point we should ru...
Cap Rate is basically determining your return if you paid all cash for the property. Correct?
My question is how do you determine Property Price, is this the final "sale price" or do you include repairs, clos...
Hello everyone, I am new to the forum and new to REI. There is an abandoned property that I am considering wholesaling, I was able to locate the owners out of state and long story short they have a reverse mortgage on...
So I'm interested in how house flippers make their profit. From my perspective, they put a down payment on a house, get a hard money loan to pay the rest, use the remaining for the repairs, when it's finished the pric...
We are relatively new to real estate. We’ve owned two rental properties one of which we recently cashed out of. We decided to pay off some old debt and we have about $5000 liquid cash left to reinvest. We found a coup...
Hi everyone, I've been obsessed with re investing lately, read like 15 books, more than I've read in 15 years. I listen to the podcast and I watch videos, but there are a few questions I still have. 1. It seems like p...
So what is the most accurate way to know you got a good deal on a property? Get a appraisal done on property? But it seems everything goes off comps so what in saying is you can buy a junk 3 bedroom/2 bath in a nice n...
I just put this property under contract and I want to Know if this is a good deal below is the info
Value- 111,190
Under Contract- 72,000
repairs- carpet and paint
Arv ? how do I determine t...
Hello BP Crowd!I'm using the Rental Property Calc to determine if a listing is a good deal or not for a renovation loan.However, when I insert the Estimated Repair Cost that amount is added to the Total Cash Needed, w...
Hello BP members! I'm still a newbie and don't have any properties under my belt, YET. But, I think I may have found a good deal for turning a 4 Bed 3 Bath SFH into a 2Bed 2Bath duplex. Ive ran the numbers and it seem...