Hi I’m looking for a purchase and sales agreement for wholesaling in Minnesota and what part of the contracts allows me to back out if I don’t find a buyer.
Hey guys,So I’m in the process of purchasing my 2nd rental property. My 1st property was tenant occupied so i didn’t have to worry about appliances. My question is, do I need to provide appliances in my 2nd rental pro...
I am in the process of purchasing my first property and I really under-estimated the insurance cost... I am buying a property for around 150,000 that includes a single family home (very small) and a conversion 4 plex...
Single family house
The financing is hypothetical but the expenses should be pretty close to actual
Purchase price $68,000
Down payment 20% = $13,600
Amount financed $54,400
Interest rate 5.5%
Loan term 20 years
M...
Soon I will have listed my duplex for sale in Boston Mass. House is valued at $650K and when all is said and done will walk away with $600K in cash after closing. I want to buy another multi-family closer to where I...
Good Morning Everyone, I have been putting this off for a little bit because honestly I am kind of embarrassed but I realize that to learn I need to actually ask the questions that I need answers to so here it goes.fo...
I am currently looking at putting in a offer on a apartment building. The dilemma I have is that the property management company is renting one of the lower units to conduct business. This company is also the compan...
Hi all,
Please help me analyze this deal for a condo.
Asking Price: $43,000
Offer Price: $40,000
Down Payment: $8,000
Rent: $900 per month
Monthly payment with mortgage, insurance, HOA. ...
Would appreciate any input on the numbers I am including below on a BRRRR and whether I am under/overestimating anything and/or missing anything. Also, rookie question and seems like common sense but I assume once I r...
Hi All- I am considering my first purchase of a property with more than 4 units (9 for this one, to be exact). My broker told me that most appraisers do not include repairs or vacancies when calculating the NOI. As I ...