I want to purchase an investment property on Long Island but I'm not sure of how much the closing costs are. Can someone tell me how to calculate them?

Real estate investment is a popular way to build wealth and secure a stable financial future. Whether you’re a seasoned investor or just starting out, location is one of the most important factors to consider when inv...

Hi guys,Lenders have strict DSCR requirements. For instance coming in at a rate of 1.3 per year.  I bring this up because during the initial years of building ownership, to improve long term cashflow a building owner ...

I'm looking at a 60 unit property; between the pro-forma and the tax return I received for 2016, there's a 52K discrepancy. I contacted the listing agent who informed me that, on the pro-forma, they removed the 2016 C...

Hi Folks,We are in the process of finalizing our plans for a Spec home in Fort Lauderdale. Specifics are:- 4200 SQFT - 3 stories with a rooftop deck- Elevator- 5 Bedrooms- 5 Full baths, 2 Half baths- Requires 30 FT Pi...

Hello,

I am getting all the numbers gathered for my first deal, rough total purchase price to be about $110,000 on a duplex. I will need to make some repairs to the foundation and replace the carpet in the entire hou...

Hello,I will be financing my purchase and renovation costs (with a down payment of course) and was wondering in calculating my ROI….Do you calculate the ROI as the total CASH out of your pocket (Down payment, closings...

Hey everyone. I'm learning about real estate investing and want to learn more about being a landlord and buying properties right. I'm convinced single family homes are not for me. I'd rather leverage my income in a du...

I am very familiar with how the 70% rule works and have read several posts about other variations of the rule. My question is for you other wholesalers out there.. When you are estimating your repair costs what are yo...

I'm working with a partner in an effort to acquire 8 properties to buy, fix and hold. When the same private lender is providing the funds for property acquisition and the estimated 3 to 4 months rehab costs what are t...