Considering a duplex that is 53 years old, has not had plumbing or electric upgrade. Recent inspection provided by seller indicates minor issues with plumbing and makes note of older electric. Needs a new roof (that w...
Really thought I would have an easier time finding a consistent definition of this by googling.
Can someone lay out for me what of the following goes into the expense part of the 50% ratio?:
[/u]Hard, real costs (eg...
Has anyone used a "203k FHA construction loan"? I am curious to know how it works and what the rate is relative to the typical FHA-conforming loans.
I am starting out in the real estate investing world, and am running the numbers for some listings in B and C+ neighborhoods in the Columbus, OH market. For the rental calculator, I assumed: Maintenance and repair = ...
Good afternoon investors,Can anyone tell or shed some light as to what is the minimum % of the ARV (excluding repairs) are flippers looking to purchase properties at in DFW or in Texas?Thanks in advance!
Looking to purchase a long distance rental in a lower market and I will be looking to pay cash for the unit. One question when running the numbers is should I expense a vacancy percentage? Taxes and insurance will a...
Feed back needed. I am currently in a contract and submitted my repair request. In it I asked for $2500 to cover all repairs. so that I can have the repairs done by professionals. I have received a verbal notice that ...
I have a buyer who wants me to use this formulaARV- Repairs+upgrade costs *70=asking price. Is this accurate?
Good Morning BP!I'm about to begin a project in Ormond Beach, FL, and the house will not pass muster for a normal homeowners policy at the moment. I'm told by an insurance agent that I need a "Builders Risk" policy t...
Investment Info:
Single-family residence fix & flip investment in Lehigh Acres.
Purchase price: $85,000
Cash invested: $4,200
Sale price: $125,000
This home is in a low income area where near...