Do you think it's profitable/good investment to buy a single garden apartment unit with the goal of renting it out in a very rentable area of north new jersey (where i live). The unit sells for roughly $150,000 and t...
My girlfriend and I visited Kansas City last month and have been on the hunt for potential properties in the area. I've been in negotiation with an owner of a C-class duplex in Independance. We finally settled on a pr...
Folks - I currently own a townhome in NJ and I want to move to a larger single family home. I purchased it for $333k in 2007. I would say it can sell for $310k now. I have a mortgage loan balance of $212k financed at ...
I'm looking to start building "missing middle" housing in the Belmont neighborhood of Charlotte, NC. It's one of the few pockets of the inner neighborhoods that are affordable.... though, that's quickly changing. The ...
Good Afternoon Investors,I am a new investor and am assembling the pieces in preparation for my first deal. My question is about closing costs and how to factor them into the project cost total. I understand that c...
im looking for dscr cash out refi and i have multiple properties. I came across few lenders and their fee is almost 8k for a cash out of 150k, so I am looking for better lenders who offers with less closing cost (lend...
I realized that my property management contract states that I'm paid 20% of gross revenue, but in fact, I pay the cleaners their fee first (I mark it up a little on my OTA to factor for platform fees) and then I take ...
So I went to my first loan/mortgage specialist to feel out what the fees might look on a 200k property.Basic info: Property purchase price 200,000 5% down= 10,000Loan amount 190,000Closing cost estimate = 6,600Total f...
Hi everyone, I am running some numbers on a nice 12 unit building in my area. The current owner hires a property manager and pays 5% of gross rents plus rent finder's fee and a few other variable fees. The seller keep...
I am looking into purchasing notes but all the servicers of notes seem to charge 30 bucks a month. Most of the notes I’m looking at have payments of around $300. My question is is this normal and should I keep lookin...