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So I was given these numbers by my lender that set me up with my pre-approval letter:
Purchase Price - 350k
Down payment - 5% = $17.5k
Closing cost = $14k
Location of unit - Montgomery County, MD (zip 20874)
Is $...
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Can anyone help me with this? Feel like I am underestimating the costs. There won't be property management cost as this will be my first property. Very much appreciate your help!xxDownsideBase CaseUpsideProperty Price...
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Hello friends,I fully understand the reasoning one might want to operate through an LLC when flipping homes. Of course I want to protect my personal assets. Does anyone know whether banks and credit unions are willing...
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If a tenant breaks a lease/wants to leave early, do I keep the deposit or does the property management company?How about late rent fees? Pet fees/rents? Security Deposits if damage is done to the property?I’m just try...
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The real estate plan is working, I have been holding a couple of apartment buildings in southeastern Wisconsin for 7 years and they have appreciated in value. I am ready to do a cash out refinance and keep investing....
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Hey BP!When a tenant is living in your property under a Lease Option/Purchase contract...are you, as the homeowner, still responsible for repairs and maintenance? Or is the tenant responsible since it potentially will...
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I was checking out some other posts on gut rehabs, people talking about 25-50sq/ft. What if we are talking a completely cosmetic gut? Floors, cabinets, fixtures, sinks, toilets, tubs? (No electrical, plumbing)
Do you...
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is it a certain dollar amount? or is it a percentage of the purchase price?
I am trying to sell a house using lease purchase. I am charging $5,500 as an option fee or about 3% of purchase price of $188,000.
just ...
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Hello,
I noticed a listing for a property that is in a great location but at a super cheap price. It's been listed about a year and is an REO.
...
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How would you invest 250k in real estate. I'm in northern va, really expensive here.