Subject Property: ARV $120,000. Purhcase price: $75,000. Rehab: $18,000
Lender A: 9.99% w/ 3 points, loan is 70% of ARV . Requires standard closing costs plus $35,200 cash reserves to close deal.
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Hello BP community!I am a 28 year old newer investor in the Metro Detroit area.
My limited experience includes obtaining my real estate license, buying and selling two properties(one flip and one short term rental), ...
But does anyone here rehab mobile homes? Because I happen to live near an area that has a lot of mobile homes. And although I would never put anything too fancy in them, but I think it would be a good small way to lea...
Hey guys! I've been looking into attending more conferences and seminars this year. I came across a syndication seminar that The Real Estate Guys host every year. I was wondering if anyone here has ever attended this ...
I'm very new to Real Estate. I'm 21 and ready and willing to do the hard work it takes to learn the business. I reside in Southern California where Real Estate is pretty successful. So I figure this would be the perfe...
So I am ready to start my first project. I have my manufacturer for a modular home. i have my contractor who is excellent. now its time to find a deal and money. I have a few contacts that may be able to get me the mo...
When running your analyses, what interest rates do you use?
For a 20% down investment property, what is the typical interest rate? (currently using 5%)
For a 5% down Househack, what is the typical interest rate? ...
I am active duty military and will be working as an intern this summer for a real estate agent for 2 weeks, and want to learn and add as much value as possible.What kind of questions would you want an intern asking?Wh...
Investment Info:
Large multi-family (5+ units) buy & hold investment.
Purchase price: $415,000
Cash invested: $40,000
We purchased this 6-unit building
It is in a very good location and 5 of th...
Investment Info:
Large multi-family (5+ units) buy & hold investment.
Purchase price: $415,000
Cash invested: $40,000
This 6-unit building is in a very good location and 5 of the 6 units are 2-be...