Hi BP,I have a situation and wanted to know if my thinking is right and if this is a good deal:Purchase price 105KARV - 150KRehab Cost - 32.5KClosing Cost / Fees / Buffer - 2.5KMonthly rental - $1200Monthly expenditur...
Hello BP,
I'm new to investing and know that typically one would use the 70% rule to analyze a property . I trying to get a better understanding on why not using this format would mess up a deal. If a property is li...
I am looking at a property which is our REI occupied.
What does REO occupied mean. Should I be bidding on this property
Im new to real estate and have been looking at different ways of getting funding and am not sure which method to pursue. Any input would be great and any dos and donts. thanks for time everyone have a great day and ha...
I am buying my first home which is a duplex in Short Sell for 72,000 dollars I am putting down the 3.5% for the FHA requirments....I am going to live in one side and rent the other side which will almost cover the com...
Hi I've been approved for a few private loans is it normal to have to pay upfront costs to attain the loan? Thanks for your response
Morning BP'ersFirst post here. I've been patiently saving and researching for about 6 months and I'm getting a little "analysis paralysis". I grew up and currently reside in Dallas proper and work in McKinney and it s...
I have a client that is a retired Army vet looking to get his next property and use a VA loan. Problem is he has a primary that he used for his VA loan right now.I'm wondering has anyone successfully refi'd out of the...
This might sound very basic - I'm trying to use the flip calculator on the site. When prompted to enter monthly holding costs I have to use a specific loan amount, correct?? I'm not understanding how the calculation...
Hi All,My husband and I purchased our first home 20 months ago and through either brains or dumb luck it has turned out to be an excellent investiment. It was a foreclosure in a nice area that was listed as being in a...