Steve Moore
I have two good faith estimates. Which Loan is better?
I own the property and am going to cash out. I purchased a duplex with a line of credit on my home and will use the money to pay off line of credit. I have two banks (both local) that have given me a good faith estima...
Alex Meushaw
Warehouse Development Assignment! Need Help!
You are offered the opportunity to develop a 400,000 SF warehouse facility for General Foods in suburban Baltimore. Attracted by your expertise as a local warehouse developer, General Foods has offered to sign a tr...
Logan M.
Seller Financing a 38 unit mobile home park
Investment Info:
Large multi-family (5+ units) buy & hold investment.
Purchase price: $900,000
Comprised of 38 units.
Currently, the occupancy rate stands at 44%, indicating room for growth and inc...
Jeremy Holcomb
Flipping New Mobile Homes/land package
Hello BP, I was out today riding through town and looking at homes and land. Has anyone here ever placed a new mobile home on a piece of land and made utility improvements and then sold them? I see a lot of used mobil...
Michael Hicks
My Latest Flip
3 Bedroom, 2 Bath approximately 1450 sq ft on 3/4 acre lotPurchase Price $27,503Estimated Contract Labor $10,000Materials Estimate $5,500Total In $43,303Repair time 2-3 weeksARV $84,900. I will update with carrying c...
Abdul Rahman
How to calculate approximate closing costs
Hi - Few months back we bought a condo, sale price was 192K and I paid $4k in closing cost, I paid 25% as down payment. I have started looking for our next property, want to know how to calculate approximate closing c...
Dan Miller
Estimating Rehab Costs
As a new wholesaler, I'm still confused how I estimate rehab costs when determining the maximum allowable offer and the profit potential. As a new investor, I have no experience or knowledge of rehab costs, so it wou...
Sandy S.
What's a reasonable painting estimate?
Hello - I got a quote from a contractor to re-paint my entire townhouse. The dwelling is approximately 1710 sq. ft.The quote I received was $2400, including labor and materials.Is this a reasonable cost? What else a...
Aaron Poling
Built Home, House Hacked, Leased Out, and Sold For Profit
Investment Info:
Single-family residence other investment in Martinsburg.
Purchase price: $18,000
Cash invested: $85,000
Sale price: $205,000
Purchased Land, Built Home, Lived in for several year...
Dijana Tadic
Investment Opportunity in Property Flip
As a novice in the real estate investment field, I am embarking on my first property flip project. I have identified a promising property that has great potential for a successful flip. After thorough research and ini...