Have never sold a property but I get offers quite a bit. Most claiming to cover closings costs/sellers cost. Is there a general rule of thumb for what to expect to pay in fees/taxes when selling a property? I have hea...
Recently a Modular house builder approached me and introduced me the concept of Modular house. They claim that their building method will save 20% of the price and 30% of the building time, a single family house can b...
I've been renting out my previous main residence and next year I plant to sell it. I should net about 100k and I'm wondering If this is enough to start a BRRRR type strategy in Denver
13% Interest Only rate
5% Lender Fee
20% down
Lend 70% ARV
Repair escrow draw after each phase complete. (reimbursement)
If you know of a lender with better terms please let me know.
Ok, so I have analyzed a house but am wondering how to calculate the financing costs while I flip the house. What are the financing costs for a flip and what does that even mean?? Somebody help me?
Looking at some SFR homes to purchase, in the $140K range ( 1 story, brick ranch, garage, 3br). Providing all the usual calculations work out ( rent, expenses, management) I have a few more questions on how to help my...
I know overall costs vary widely depending on where you are in the country, but it seems like ratios would stay pretty much the same. I may be incorrect about that, so if I am, please let me know.
I just finished ...
First ever post here!! My question is how are you professionals able to cash out refinance on LTV without waiting the 6 month seasoning period? Are there requirements that must be met? Does it depend on the bank? Does...
Considering the average rental period of a tenant, the cost of periodic repairs, and the cost of turnover, what minimum rent do investors shoot for with single family houses in the Kansas City area (Missouri and Kansa...
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