This is my first small apartment building that I'm working on for buy and hold. I would love to get your feedback and comments in event that I'm missing something.It's a 7 unit building and each unit is 2/1. There are...
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Here is my scenario:
$37,500 purchase price
SFR - 4 bedroom 2 bathroom
$16000 Down payment and repairs.
DP $7500, CC $4500, Repairs $4000
Payment with Taxes and Insurance $286
Management = 10%
Repairs ...
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Hi - I'm a new investor with my first home under contact. It's a 100-year-old home located in the urban core (64130 - Blue Hills) of Kansas City. I am purchasing it from out-of-state as a LTR. After inspection this...
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First time posting...I'll try to be concise.Found a 3-2-2 listed for 150k. Rental comps are $1600-$1700 month.Assuming full price offer accepted, the plan is to do 20% down (30k) with a 10k rental rehab and assuming $...
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I am purchasing a new home and one of the items during settlement is home warranty. Is this something you recommend that I take ? I am not sure how is this different from home insurance that I will take anyways.Thanks...
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Hello Everyone. After an inspection report is completed, do the sellers have to use contractors that the buyer chooses? As the seller, can I pick whoever I want since I'm paying for the repairs?; Or, is it up to the ...
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Hi all,I'm thinking about trying to go the route of using hard money loans to finance discounted, off-market deals (probably mostly from wholesalers?) to take advantage of being able to pay cash for properties with in...
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I was talking to my brother on the phone and would like to get others educated opinions on the matter. I live in Sacramento, and have noticed that people are offering either equal or above asking price even for homes ...
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Hello,Can anyone discuss what their typical finance approach is to buying, rehabbing and refinancing their B&H houses?i want to avoid HML and PML if i can (i'm more amenable to PML, but i feel like to need to have...
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What does it typically cost to repair drywall cracks as a result of foundation cracks? Is it a relatively cheap cosmetic fix? Is it as simple as filling the crack, filing it down, and then painting over it later? ...