I can buy direct from an owner a 3 family at 155K. Here are the rents, $800, $750, $550. All rents without utilities. Taxes $350 per month. Estimate on insurance $150 per month. Not sure about maintenance, snow, lawn...
I've heard of people tying up properties with a payment of approximately $10. Can anyone here enlighten me on this? Thank-you in advance.
Hi
A buddy who is my neighbor in a commercial building. I have a retail store, he has a mortgage brokerage office.
He has this deal he told me about.
A builder he knows has 6 brand new residential properties in an ...
I am putting together a deal with my dad where we will split our interests 50/50. It is for the purchase of 39 SFR. What type of entity should I use, i.e. family partnership, llc? And which state should I put it...
Closing on my 2nd rental house (my first SFH) and just wanted to make @Ben Leybovich proud by saying that I did it with 100% (private) financing.
In my first deal I put about 16% down and he challenged me t...
I have a FSBO near me that I'm toiling over. Owner wants 80k but it needs a lot of work including new roof, all new electrical, some structural repairs and an update to kitchen and two baths. That doesn't include fi...
This is a combination real estate analysis/creative financing post.
I saw a property that I am considering making an offer on, but was removed from the market. It had some problems and was listed for a long t...
starting up trying to find deals on a shoe string budget
I'm looking to get my first deal on a multi family. When running numbers to figure cap rate do you include percentages for vacancy and repairs into your NOI? I figure 15% of GMI for
repairs and 10% for vacancy. Also ...
I was offered 60k to assume a recently refinanced property. Is there anyway to structure this to receive the money prior to closing? The buyer is willing and familiar with the property and me. The refi is assumable...