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I'm looking at a duplex property built in the 1940s that's about $200K in NJ, and thinking to put in 20% down. I even put in a lower ARV of $175K to see if the numbers would still work -- they did.Here are my numbers...
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Just got a house under contract, SFR in San Jose, ca
$365k price, rehab, $30-35k
Rent estimate: $2400/ mo
ReSale price: about 430-460 k and maybe a little higher depending on market
All cash deal
Any suggestions ...
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Hi all! I'm a travel RN with a few flips under my belt, one commercial property that turned out well, and am looking to purchase a property in New Braunfels, Tx to live in for potentially 6 months out of the year. I t...
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Hi Everyone,So I am a new investor who is looking to work on fix and flip properties. I am trying to put together a business plan so that I can approach investors who fund projects when I find the right deal. I am res...
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Any ideas on money saving tactics for this renovation? It's a 3 bedroom 1 bathroom apartment. I was planning on doing on the following:-Paint all rooms, ideas for colors would be great-Paint cabinets, replace cabinet ...
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Hi, SB County has finally clarified what we can build on our property. We own 15 acres outright and are looking to build our primary residence. I'd love to speak to either a broker or lender, not sure yet what would w...
Just a short while back, Marisa Mae was caught in the paycheck-to-paycheck trap, her credit cards stretched to their limits with no emergency savings to speak of, all while wrestling with constant financial stress. To...
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Has anyone ever built a modular multi family building? We are in International Falls, MN (on border of Canada) and there is a housing shortage. Wanting to sell our current rental SFH (paid for) & use proceeds to b...
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Hello,I was wondering what is the impact of rental income on your modified adjusted gross income (MAGI)? Do you get to take all the deductions and depreciation from the rental income before it gets added in against y...
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What is the typical ARV reduction on a property if is in a floodplain? I'm looking at a property, that would have an ARV of approximately $210,000 if not in flood plain. Looking at two options either keeping it as a...