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I did an experiment where I bought a fc 2 family in an undesirable neighborhood. 27K, great shape, BRAND new bathrooms, fixtures, etc. All we did was put new carpet, linoleum, paint, THEN enrolled it in the HESP progr...
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Hi, we're in the process of purchasing our first property, and we're in the negotiating stages of the deal. We've already requested that sellers repair the big ticket items as was indicated in the home inspection repo...
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Whats the quick formula tom calculate monthly interest payments for a fixed rate mortgage? i.e. just to start with any total balance and quickly figure out what it would cost per month and/or per year with interest an...
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OK I just started my own company 2 months ago. Currently I rent a house. I do have a good amount of liquid assests.
So I'm looking to rehab a house but I talked to a loan company and they told me I couldnt get a lo...
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I was presented with a short sale property that the bank is willing to sell for $170k. The property needs a little bit of work. The ARV will be around $215k+ and there are recent sales on the same block to support tha...
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Hello,I have been a member of this site for a few months and have never posted anything. I have just been lurking. I would love to buy a rental (a duplex or more) for my first home as my family is accustom to living ...
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I got a text from a tenant this morning that basically said: The tub is draining slowly, I called a plumber and he charged me $300 to snake the drain. I paid for it since I was the one who clogged the drain. Just wa...
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We are looking to raise both debt and equity for 50-100 million dollar projects in asia. The debt is a fixed rate, lets say 10% and the equity has a fixed rate and a promote. We are looking to create an all encomp...
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I was hoping for some insight on the as is value of a home. Say the house has a potential ARV of 450K, but needs 50k repairs. Is the As-Is value of the home 400K? What if the house has mold or something, could it be s...
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I was going to be buying a home in my LLC name as a flip. I am thinking of keeping it as a rental. obviously you get better financing in your personal name. Has anyone ever gone from financing in your LLC name and ...