Let's see if I got this right, a house is valued at 100k. you get a loan from a private lender for 50k, 25k of that you put for a downpayment, 25k for rehab. After a year the 100k house is now worth 150k after rehab a...
Hello,Lets say your purchasing a 250k home in CT multifamily 3 or 4 units owner occupied. How much property insurance/ liability do I need? I dont want to over pay but by no means do I want to be cheap. Should I also ...
Hi I’m new to the buisness in Lafayette, Louisiana and am looking to learn everything I need to know to be successful in real estate in my city! I quit my job to start a lawn business and to rehab and flip houses. I h...
Seller owes $93K
I'm offering a sales price of $140K with $14K down
So...
$126K at 7.5% over 30 years is $881.01 per month.
How do I figure out when the seller is paid off?
We just deployed the majority of our re-integration of BiggerPockets with Facebook. Be sure to check out this article, BiggerPockets Re-Integrated with Facebook! for more details.
Highlights:
- One click login for m...
This is a intricate story yet I've simplified the best I can Im early in a real estate investing career. My brothers adopted cousin has offered to be a mentor to me as an investor. He says he has been looking for a pa...
HI - I am buying a townhouse unit and trying to assess whether the third bedroom is a legal bedroom or not. The reason I am curious (I had assumed it was a third bedroom) is because there is an adjacent townhouse is b...
So I have a property that I put in a land trust with a relative as the trustee and the beneficiary as an LLC. My question is, who do I have the tenant make checks out to?
The relative is basically managing th...
So I'm a little confused on short sales right now. What I knew about the basics of a short sale are as follows:
short sales occur when the lender agrees to accept a payoff amount that is less than what is ow...
Hi all,
I was working with a client yesterday in analyzing how the CARES act may effect his year end planning. As a result, I want to share this powerful deduction incase it applies to anyone here. It could have a ma...