Ling Lin
thoughts on buying apartments, condos or townhouse for cash flow?
what are your thoughts on buying apartments, condos or townhouse for rental properties?
Chandana Kaza
Closing costs break down and review needed
Hi, we are currently closing on a property for investment purposes.
The below is the closing costs breakdown the lender has provided. Can someone review and help us understand if there is something we can skip and...
Steven Wagner
Building your REI Team - by the numbers
I have read extensively here about building out your real estate team in terms of who and why. However, I would like to ask the BP members what concessions or professional agreements you ask for with your team. For...
Jeremy H.
are condos necessary better than SFH for landlords?
Hi, I was wondering if the condos are easier to maintain for the landlord.Condos are always lower priced, but the HOA is almost like $380-$450 around me.Let's say I am to shop with 20% downpayment which is pretty much...
Neil Da Silva
SFH Central Florida - Need help with analysis!
Hey guys,I have what I believe to be a good deal in central florida however I'm not 100% sure! Hopefully you guys can help me out with this, I really need to know how to analyze this asap so I can secure this deal!Pro...
John Weir
Financing Rentals???
Trying to decide if I should go ahead and buy this rental property? I would have to finance though but there would still be +$250/month cash flow even after mortgage and expenses (rough estimate on some stuff). Seein...
Matt Meyers
REO Closing Cost
I'm in Illinois purchasing an REO cash and will be wholesaling it to a retail buyer. What type of closing costs can I expect? Will I be expected to pay when I buy from the bank and pay when I sell to my end buyer?
Matt Wells
Conventional cash-out refi investment loan rates and points?
What are the current rates and points charged for a conventional cash-out refinance on a single-family home investment property? I would like to know the current trends for interest rates, points, and lender fees. I e...
Mike Nelson
How are you making offers to sellers?
I'm curious to know how other wholesalers are making offers.
Are you using the MAO formula? Do you go off recent cash sales then factor in your profit? Or, are you making offers based off what your buyer would pay?
Henrik Frank
Do the 50% and 2% rules apply to condos?
Since many condos have outside and structural maintenance built in to the HOA fees - do the rules still apply? I realize that some maintenance always will be necessary, but it seems some of the bigger ticket items can...