I have a lender whom I worked with on my primary residence. She moved to a new company and the lender fee for the loan is $1600. Is that about what is to be expected?
I wanted to add 4 units to my portfolio and do 3 flips this year along with my full time business of being a Realtor, just got my 3rd flip sold and will be at 6 new units this year within the next week! All in my loca...
A brief overview.40-year old S-Corp with a stable history and no past financial problems. Assets: $700K-$1M. Debts: Zero. Vast majority of assets are commercial, with less than 10% SFR. Clean, complete books and a...
Hi all,I have tenants expecting to break a lease who have lined up some friends to possibly move in. I'm leery but open to the idea, as it obviously eliminates a tenant search and possibly vacancy. The new tenants wou...
I am actively seeking my first multifamily deal in the Norfolk/Portsmouth area. Am I off base for trying to get $150/door net cash flow on a quad that rents 700/month? That tends to put me at 80-85% of most asking pri...
I have a single family three-bed two-bath home that is 1554 square feet . I did not upgrade the AC when I renovated the home. I'm renting it out and I have really great tenants. The only problem is that the AC is ...
Good morning fellow BP members! I am currently working on getting my 5-unit rehabbed. This is my first experience with multi-family and with rehab of this scale. This property is 2744 sq ft with a mixture of one eff...
Hi BPI was wondering what the usual buyer closing costs are in SA. I know everything is negotiable. I am not looking for an exact number, only for a ballpark of what is normal in the area. Let's say I buy a property f...
BP!Working on my first duplex deal. I am shopping around for conventional loans and am curious what I should expect as far as closing costs. What is typical in Colorado? Is there a basic percentage I can work off o...
To buy real estate in other countries, are the expectations the same (credit, money down). Being as though I don't have much money and working to repair my credit, are opportunities greater elsewhere (canada, europe)?