My brother is selling his 1 BD / 1 BA condo in DuPont circle to move out of the city. He has given me the option to purchase it. He only owes about $330k on the existing mortgage and is planning to sell at $435k. Unfo...
Do you purchase properties as a function of your savings and affordability or do you target specific purchase price?
Hello All,
I am looking to invest in out of state residential real estate and would like to know a good tool to gauge an average price per square foot in a particular market, again not property specific but an averag...
So I spent a big chuck of my time last week trying to get home equity line of credit on my 3 properties. Using the rules of thumb that primary is 80% and rental propertyies at 70-75%, I figure I could get over 100k li...
Hi All, long-time lurker on Bigger pockets, but a first-time poster. I am beginning my real estate investment journey and know that I want to invest in a property out of state (I currently live in Seattle, WA). I woul...
Since so many people just focus on wholesaling-I am just curious what is the average amount or percentage you can make when you do a rehab? I have heard people laughing about the TV shows like Flip That House because...
Oakwood Ave, Eastpointe, MI Price: 79K Rent: Listed at 900-950 20% DW: 15,800Now Im trying to figure the out of pocket cost, conventional financing numbers, and the annual return on investment. Can someone please help...
I am getting ready to start a property management company. I have a real estate broker and this is the next logical step to grow my business and my rental portfolio. One of my agents will be running the property manag...
Can someone please explain to me the 70% rule and specifically the numbers you are looking at? Thanks
Looking at starting my first flip. I have $23k saved up and am looking at houses in the range of 40-70k including rehab. I'm in Kansas city where the market is hot, so I figured the hard money loans are best for their...