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If I buy a house for 50k, put 100k into rehab, then sell it for 200k with 6% agent commission, do I actually make a profit? Or do I just get back my original 30k?
Deal:
Money Out of Pocket: 30k (rest is financed)
B...
I live in a 3 unit building and I have discovered it is possible to add two ADUs (Accessory Dwelling Units) to my property in California. I currently have a $1MM loan @ 2.25% fixed for 30 years so this is a keeper for...
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So I should be closing on my first flip next week. I am going to do my best to give back to this community by blogging as much as I can in this topic concerning my first flip... This will also be an easy way for me ...
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Hi all -been analyzing Multifamily Househacks in Chicago and am getting some crazy numbers. Would like to verify on BP and seek critique for any assumptions I'm making.
PROPERTY INFO
Property ...
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Hey everyone,I am searching for a small multifamily property (most likely a duplex) in South Jersey. I am going to look at three properties tomorrow with my agent. I am crunching the numbers and determining at what ...
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Hi,
So I am in the middle of negotiating with the seller.
I told to listing agent that if I want to accept the seller's offer, he would have to pay for all the closing cost and escrow fees.
(I am new to this. This ...
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Was fishing around and caught a whale of a SFH.Off market brewerytown deal between 28th and 29th on W Master st.This thing is a monster at 26000 Sq ft, fully gutted and framed already with 7 ft high ceilings in baseme...
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I recently had a home inspected after having my offer on it get accepted. The home is in an up and coming area in West Philly walking distance from a shopping center and near a new train station station that is curren...
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Need some advice. I've been an investor for about one year and have flipped two homes. My son, is excited about real estate investing and decided to house hack a four-plex. His first contractor took way too much mo...
Like I stated I have purchased a house (condo) while in the military. I am getting out in 7 months and I'm not sure if I should sell or keep it for value. Any advice is appreciated.
The numbers are as follows. I pur...