When coming up with ARV for a property, how much is typical to subtract if the subject property does not have a pool but the comps do have a pool?
Hello BP!I could use your collective wisdom as I try to analyze one of my first few property. I'm looking to invest in a small multifamily property (2-4 units) with the plan to househack for a while. I would like to...
Hey guys,So I was talking to my mortgage broker today and he said that my debt to income ratio will be better if I sell my paid off property.Its rented and brings in $550 per month in rent minus taxes/insurance, so I ...
Hello BPers - I am working with a seller of a mixed-use property in Silver Spring (20902 near Holy Cross Hospital) and I'd like to either wholesale it or keep it as a rental if I can make the numbers work. If I take o...
I am curious as to why I do not see much said about Condominiums here. Did a search and not much came up.Any Investor's buying Condominiums in Massachusetts?
Hi Everyone,
I'm looking at a property that's near Pigeon Forge. I wanted another set of eyeballs to see if this deal works.
Its a 1 bed 1 bath cabin 850 sq ft that's about 10 mins from the Island.
The price...
My main worry as an out of state investor is if I want to get a property at a discount, the property would needs to be in some form of distress. I would then need to rehab it so that I can rent it out as a buy-and-ho...
So tell me if i'm wrong but all you need to know to get a properties equity percentage are the following..How much the house was bought for.When did they buy it.How long the mortgage plan.What was the down paymentDo t...
Hi All! If a unit in a multifamily apt building costs 10K to rehab, do we subtract that from quarterly profits to investors? How would that work if the reserves for the rehab came from one investor?
I have a potential Class A property near San Jose's Rose Garden Neighborhood. I estimate the ARV to be 1,250,000 on the conservative end. Owner states they have remodeled Bathrooms and bedrooms but only permits I see ...