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I'm thinking of having windows installed in a rental property. The contractor has quoted me a price of $5500. He's asking me to pay 50% up front and the balance when the job is finished. He told me he wants the 50% up...
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Hi,
I tried to post this earlier, but I guess it didn't go through. I can't seem to find the post anywhere. So I hope this isn't a duplicate post.
But anyway, I spoke with a young lady today at an investor-friendly...
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Hey everyone,So i'm looking to close on my first rental property. I am looking to get funding from a private lender that does balloon financing, interest only payments at 6% for 5 years. I'm asking for a loan of $70,0...
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I am rehabbing my parents property as my first rehab project. 180K is left on mortgage and 45K in renovation costs with an ARV of 450K. I am applying for a renovation loan only for 60K.I found a lender (1stcapitallend...
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Hi All,
Apologies for the long winded background, but it's needed for my question at the bottom in BOLD.
My wife and I were looking at building a townhome in our area from a large builder, we visited the pre-built...
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Hello Team,I am working on updating my Annual Property Operating Data worksheet (from "Cashflow and 37 other equations you should know"). I have a CAP rate metric on there, I don't have ROI. What is the difference bet...
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I have put in an offer on a house that we are planning to flip. I'm a little concerned about the finances behind this flip. Can someone please tell me if I'm understanding the financing correctly.We are going to go w...
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When filing our 2022 taxes, our CPA did not mention or encourage us to do a cost segregation study to capture bonus depreciation on the two properties my wife and I acquired in 2022. Our goal is to invest aggressively...
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I was wondering what obstacles rehabbers have in Detroit, I’ve heard permitting can be tough. What are some things to look out for when looking at distressed houses?