Jason Monge
Closing costs "covered"
Hi everyone, I was wondering if you guys and gals could please give me any feedback regarding this topic? A realtor and a mortgage company have told me that all of my closing costs can be covered at my closing. Basica...
Jon L.
Cost Seg SFR to offset capital gains?
Can I cost 4 single-family homes to create a paper loss that offsets $2M in capital gains from an apartment complex? Where can I find more info on this (besides go talk to a CPA)
Brittney Anderson
Would you build a mobile home park from scratch ?
Hello everyone and I hope your having a productive day!I have contacted a seller that has 25 acres for sale with 4 mobile homes in Eastern North Carolina. The land was previously zoned for a mobile home park and I hav...
Allen L.
How to determine to build or not? How to underwrite a new build?
Hi all,I have a piece of land that I want to build a duplex on. The area is a B-/C+ area with mostly single family homes average vintage in the 1950s with average sale price of 100K. There aren't many new construction...
Lauren Salvani
Take home to the studs vs. complete re-build
Obviously every property is a different situation that needs to be evaluated but I'd like to find out why it seems most people prefer to take a home down to the studs and renovate versus completely tearing down the pr...
Brandon Sturgill
70% ARV Pointless?
I am struggling with the concept of 70% ARV for SFH investing. Is there something more to this? It seems to me a lot of SFH investors are not disclosing the entirety of costs associated with their investment. This is ...
Jesse Ramirez
How would you make this deal work with no money down?
I have an owner with a free and clear home who is looking to sell.
The home is a fixer going for 80,000. Home needs aboout 20,000 in work and it's ARV would be 130,000 based on comps. The owner wants 30,000 down.
I w...
Daniella Spears
How should I pull money out of home built from HELOC?
I used a HELOC along with personal savings to build a small home in Dawsonville, Georgia. The land cost 65k and the home is almost complete which costs 100k. How long before I can refi out or get mortgage out or the...
Adam Bradley
BRRRR - How long until I can ReFi?
I am looking to purchase a house for $50k that is worth $70k for cash. I understand that banks like a property to "season" for a year before they will refinance.What I do not understand is if this applies to:1. If you...
Arron Paulino
Typical Rehab Budget for Live-In Flip
I am wondering what is a typical budget for a live-in flip. I am planning on buying a primary residence that I can get as a decent fixer-upper. It can be move-in ready and could use some TLC to increase the value of t...