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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 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 ...
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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 have someone that wants to invest their money privately with me in real estate. I've never used this type of funding before and was wondering what type of documents should I have when securing the funds. This is my ...
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Investment Info:
Townhouse fix & flip investment in Romeoville.
Purchase price: $160,000
Cash invested: $230,000
Sale price: $275,000
A full rehab in Romeoville. New flooring, kitchen, bathr...