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Considering that DSCR = NOI / Debt Service and NOI = Gross income less operating expensesWhen institutions are looking at operating expenses for a new purchase, how are they calculated? For example, if we know the g...
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Specifically looking at a multifamily property [4 units] in Fairfield, AL. I am looking for any suggestions on sources of where to find the capitalization rate for the area? Appreciate all the help! Thank You!
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Hi BP, need some advice/input. Planning on doing a Brrr and have an investor to fund the purchase/rehab, and just want to give them a clear understanding of how it can affect them. When we’re going to pay them their...
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Hey guys, I'm looking to move into flipping in the D.C. area and am interested in a potential short sale on a condo. It would be a quick and relatively easy rehab, probably just some light fixtures a new bathroom and ...
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Inwant To find a place that I can rent out. Possibly renovate. I hear that investors are supposed to be specific about what they want to buy.How did you determine your "buy box?"What are some top factors to consider?
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Hey - I'm a newbie to everything real estate. I currently work as a songwriter as well as a bookkeeper for a production company. I started my own bookkeeping company in the last 6 months and have an almost-full roster...
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Good afternoon investors,Can anyone tell or shed some light as to what is the minimum % of the ARV (excluding repairs) are flippers looking to purchase properties at in DFW or in Texas?Thanks in advance!
1031 Like-exchange question.
Bought 10 wooded acres 20 years ago for 10,000. Say the city purchased 1 acre of this property recently for 100,000 under eminent domain. I apply to like exchange that amount int...
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Hello and thank you all for your knowledge and time. Is it normal now for Mortgage to be more than fair market rent? When purchasing with less money down, mortgage insurance, compounded home insurance and property tax...
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I have an opportunity to purchase my moms home, in a suburb outside Detroit. We had to move her out of state near my sister as she couldn't live alone anymore. My sibs want to sell it, I would like to purchase and use...