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Needs new siding, windows and doors. Quote for that came in at 40k. Its an older house and wiring has not been looked at as far as I know. Needs a new roof at 10.5k. the 30k left in the budget would be for the inside ...
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I could use some advice on purchasing appliances, replacing or repairing AC unit on a rental property. How much do you typically spend on these items when rehabbing a rental property?
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Is this a thing? My wife and I are considering taking advantage of 10% down vacation home loan for our first STVR property. Is it possible to include renovation costs into this kind of loan, or would we be forced to t...
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I have been following Brandon Turner’s advice to analyze at least one property a day but also trying to be realistic and stay in the higher end of all of my estimates. A few questions I keep coming across:
1. I live...
Hi,
I recently started learning about wholesaling properties. I have a good idea of the ARV around my area, however, I feel scared of making offers on properties since I'm not familiar with repair costs.
With that...
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I might have a wholesale deal. Ok...Arv of 160k. Seller is asking 110k without repair and 125k with repair. Now I know the numbers don't quite add up, but I'm trying to get a assignment of 10k. The way I should set up...
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Hi all,I'm relatively new to wholesaling. I found a property with an ARV of 70k that needs about 45k of work. The seller is willing to sell it for 40k. On the surface this looks like a bad deal (and maybe it is), but ...
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I'm new to all this, but my goal is to flip houses. I have been binge listening to the podcasts, and someone (unfortunately can't remember which episode) said that they think it's a good idea to buy from a wholesaler ...
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What are the pitfalls with delayed financing. This is what I read in various threadsa) In delayed financing, the appraisal is typically more strict. So may not come into the right valueb) with delayed financing, u end...
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Hi All, I've been around for a while now and I'm taking action steps in getting my first investment property. I created my own rental property calculator in a spreadsheet which is roughly based on the calculator on ...