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So say I get a 9 month $45,000 hard money loan. $27,000 for purchase $18,000 for rehab and the ARV is $70,000.Where I am confused is that with the refinance, I would cash out at $25,000 and then be paying back a $70,0...
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I am currently looking into a 7-unit apartment building on RedFin.Location: Chicago IL, North Lawndale, low income, high crime neighborhood.Asking price: 450,000Total monthly rent income: 7162Well maintained (so claim...
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I have a property that is 2000 square feet with 2 car detached garage in a good area. The property is in a good, established area in the city. The seller was asking 179,900. but is willing to take 155,000. She will...
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Whats up BP???Looking to see if any house flippers have tried to file for sales tax exemption through there business at Lowes , Home Depot or any other big box store?While I was in Lowes the other day one of the empl...
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Hello all I vacation at a high end beach town and am interested in buying vacation rental single family homes. The place where I vacation has only single family homes no multi fam bldgs. The last week of June thru th...
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I want to thank anybody who responses in advance. I have read many posts on HOA NOD, NOD Liens and Notice of Trustee Sales, but haven't still seen a definite clear answer to my potential investment on a HOA Non-Judic...
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AllSo I have started to dig in and evaluate some deals as recommended. I have also heard that all the deals on Loopnet are picked over/left overs etc. So I will go over a pro forma provided to me by a broker and see...
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BP,I am about to purchase a house for 100k cash with my name on title with the goal of flipping the property with my buddy/future business partner. My buddy wants to contribute part of the funds to purchase the home ...
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Hello everyone: I would like to get your thoughts on a potential fourplex deal in the Wilkes-Barre area. Property Info 4 units – all 2 bedrooms, 1 bathI would rate the area as a Class B. I wouldn’t live there, but the...
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Hi everyone, I recently moved from NYC to Cincinnati and had spent the last 9 years in the same apartment in the East Village which is managed by Jakobson Property Management. (p.s. I rented so I could buy real estate...