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Hello Investors,I am looking at 1-4 unit deals in South East PA outside of Philly. My question is about estimating total settlement costs as the buyer. The settlement charges consist of 2 main categories: closing co...
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I just listed my house for sale on Zillow / Trulia *only* yesterday and received an informal offer that we're both happy with. Neither of us have an agent, but this buyer seems like he's done this before (buying out ...
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Around the end of November I closed on a property. in the closing docs they had estimated property tax to be a little over $300/yr, and credited about $280 to me at closing for the first 11 months tax. Tax time rolled...
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I have a potential deal. I am hoping to wholesale the house but never have done this before. Should I lock it up and try to assign the contract or close on the deal then resell it? What are the pros and cons of both?
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So I purchased a multi family unit that has an existing tenant in Maryland. I closed the purchase deal on late May, and soon after the closing I realized that the settlement did not include prorated rent (around $300)...
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Hey BP, I hope everyone is having a great Friday!
A little bit about myself.. My name is Antonio Barboza, I'm originally from Brazil but I've been living in South Florida in the Broward County area for the past 12 ye...
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Hi BP community, I have a SFH that I lived as primary last year for one year. Recently, I moved out of the house and rented as MTR. It is my first MTR and the return on equity is not good (due to high property tax, in...
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I currently have a $75,000 HELOC on my primary property that I've used for investing in properties using the BRRR method mostly. I opened up this HELOC about 3 years ago and now the market price for my house has gone ...
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Let's say I purchase. house hack with an FHA loan, would the closing cost still be roughly 4% of the whole property? Would I be responsible for covering the whole closing cost? How do closing costs work? Any advice w...
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Hey folks- thinking about doing my first distance investment, and am thinking of seeing the property in person (weekend) but closing on a weekday, and closing remotely from where I live, about 2 hours away.Here are my...