OK. Let me make propose the next exercise to all.What is in general your MINIMUM Rate of Return for your Real Estate projects? I know that there is a lot in play, Market, Project, Inflation, Leverage conditions, etc, ...
So I am closing on my first 100% seller financed deal tomorrow and would like to understand how to handle the payments, especially for tracking purposes come tax time. Obviously I can send them a check every month but...
We just received this from a local kid we 'adopted' & got into several investments. He is currently deployed but will be home soon.
Being from a tough military guy it just blew me away !!!
I've been listening to podcast 108 with Grant Cardone everyday since its air and it has me very motivated. My goal is to invest in multi family homes and flips. I am looking for advice on how to start with $1000 cash....
How much can I expect to pay for general contractors?
Let's say that prior to making an offer to buy a rehab, I hire contractor A to do an initial walk-through with me and come up with a detailed improvement ...
So, what I am looking to do is to enter the field of wholesaling.So, When I go to a courthouse searching for probates:1.) What should I expect?2.) What should I look for? Any answers would be much appreciated. I do d...
I’ve seen others post the expect to pay around $500 for an annual policy. Is $500 a reasonable benchmark or is there a percentage of cost/value that I should be using?I’m about to close on my first out of state rental...
Good afternoon/morning to you all BP members!I am a newbie and after long period of learning and analyzing, I am finally ready to get my first rental property.I have chosen Wichita, KS for reasons that I have listed i...
Any LOs know of lenders that will allow an Appraisal Form 1007 to be used as "Expected" Income (per Dodd Frank Act) from a recently purchased rental property (currently under renovations, not yet rented) for a borrow...
Seller Financing
Single family dwelling
Sold for $50,000
$5,000 down pmt
15 yrs
11.25% fixed
no balloons or prepay penalties
seasoned for 1 year with good payment history
credit score of 560
$518.56/mo
Balance of $43,...