Jeffrey DeAngelis
Higher Priced House Hack
Hey everybody,I’ve house hacked once and am looking to get into my next one. I’ve been pre approved for a 10% down owner occupied loan and I’m interested in a house that’s been on the market for a few weeks. My proble...
Maximiliano Rodriguez
Counter offer $10K higher.
I have a property "pending contract" for $165K. The Bank completed the Appraisal yesterday for buyer A.However, Buyer B counter offer for $175. Is tempting !Any advice about way to go?
Arthur V Bernestine III
Percentage higher vs lower !
Would you formulate a higher percentage on lower ARV properties that need a fullGut. I know fullGut cost 60$ per sqft usually.
Say ARV=185,000$ (sqft 1,826)..If I were to do the 70% rule. Than 185 x .7 - 109,560$repa...
David K.
REFI with higher rates?
I like to raise rents lightly every year, that added with small principal pay downs, I REALLY like cash out refi's where I can then buy more property. Problem now is that rates are much higher than before. Recently ...
Rich Hupper
What is Taxed Higher?
Hello EveryoneI am trying to figure out what is taxed higher interest from a note you hold or cash flow from a property you own?Lets say the interest and the cash flow are $4500.00. After deductions each year you clai...
John Ross
Log cabin: higher premium?
In an area where most of the homes are block and woodframe will a home that is a log cabin command a higher premium price per square foot? If so what is the general rule of thumb for how much?
Andrew Nesbitt
Wholesaling higher end homes
It seems like most wholesalers are focused on wholesaling homes between $50k to $200k. Is there anyone out there doing higher end homes, like $500k to $2 million? I was wondering if the numbers are different for hi...
Bryan H.
Wholesale Higher Priced Property?
BP Community! What is your opinion on wholesaling a property that is above the median home price not fitting the 1%-2% model with rent? Through marketing, I found a property in Denver Metro (Centennial, CO) that would...
Shawn Parsh
Higher Power at work?
I'll try to keep this short, but I wanted to share how I came across a new property that I just signed a contract on. A neighbor of mine stopped by the house when he was driving by just to chat for a minute or two. D...
Martin Z.
renting higher end homes
Is there a market for renting higher end homes in the 2-3M range in LA/ NY area. Who typically rents these types of homes, what circumstances or profession? What would be their motivation to rent vs buying? Are they g...