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Fellow investors, I have a deal analysis question. My plan is to house hack and I'm having trouble getting numbers to cash flow AFTER I move out. It's almost impossible to get a property to cash flow while you live t...
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Investment Info:
Small multi-family (2-4 units) buy & hold investment.
Purchase price: $163,000
Cash invested: $102,000
This is a 4-plex property I BRRRR'ed with only leaving $7,000 in the deal.
...
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I know a few rules of thumb when it comes to rental properties (the 1% or 2% rule for rent/purchase price, the 70% rehab rule, and the 50% operating expense estimate), but I'm curious to see what other 'rules of thumb...
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Property details: Duplex on corner lot with nice views. Each unit is 2 bed,1 bath. They are both identical layouts . It is on a block with with about 7 other identical buildings. This one is one of the crappiest shap...
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Hello. My First flip! home needs paint, here is a list that I got quoted $7,500.00 forIve bought wall paint alreadyHe is supplying everything else, tape, brushes, trim paint ETC.Paint entire 3150 Sq ft home Paint ceil...
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I finally have my 2nd rental under contract. Set a goal this year of 4 units and currently half way there. Details: 3/2 single family. Arv 135,000Purchase 72K Rehab budget 25K Rents $1400Thoughts ?
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Hi All,In the process of closing on my first MFH and up to this point planned on using a Freddie Mac Home Possible 5% DP which locked at 4.25% 30 yr Fixed.I was approached by a mortgage broker about a program through ...
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Hi, I have a subto + sellerFi deal off market from a wholesaler located on Lake Travis in a non STR restricted area.
I’m out of state and have never been to TX or this area. Wondering what people think of the vacatio...
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I'm looking at a small piece of land about 6000 sq ft in SoCal and put a new class B 6 unit condo on top of it. I think I can talk the seller to bring land sale's price down close to market avg. but I am having a hard...
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Hello,I have 10 unit 10,000 square foot apartment building that I have acquired in need of complete gut rehab. The good news is I have a lined up a lender to fund the majority of the project. Currently I am scouring t...