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New BiggerPockets member, 1st time home buyer, and 1st post! Recently got approved for a FHA 203k loan - yay 😃
My interest came back 3% but my APR came back 4% what is that about?
Am I ultimately paying 4%? Is thi...
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I'd like to know the cost of building the townhome pad ready to set 8-10 new townhomes. I'd include:
Development and design.
Permits
Street and walks.
Driveways and foundations (for garage and house without baseme...
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Hey Everyone,Realtor in Brooklyn and Long Island NY, and I have an off-market property lead to source to my developers, but I don't know how to estimate cost of demolition. If it was on a 25x100 lot in South Slope and...
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Do you think it's best to always buy at intrinsic value or do you +/- other factors (location, parking,etc...)
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Hello,I'm relatively new to buying and selling bank notes, and I've come across a 2nd for a mansion in CA. I don't know much about assessing the value of this deal, or what I may offer the bank to begin negotiations....
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Which is the better deal? There is a five bedroom home being sold for 138K definitely needs updates or a five bedroom home fully renovated being sold for the market median of 198K.
(My initial thought was that i will...
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I am looking at an 8-unit apartment complex right next to a major University that is cash flow positive. However, it does not meet the 1% rule, with it being at .81%. How much should I weigh the property not meeting t...
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I am looking to start investing in multifamily properties. I have set up my proforma spreadsheet and I am pretty sure the calculations are correct. When I evaluate properties what are all the expenses associated wit...
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Hi all,My wife and I are in the process of buying a duplex rental property in Cleveland, OH. We're buying through a wholesaler, and the property already has tenants in. Our plan is to buy with delayed financing - pay ...
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We have our first offer in and it has been accepted. I have been shopping insurance for over a month. I had General Liability, Builders Risk and am waiting on Flood Ins. to be added. It is higher than we originally bu...