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I'm looking to do my first fix and flip here in Pinellas County FL. I'm having a hard time estimating the repair costs. Can anyone give me some advice on where to research for the cost? Thanks in advance!
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Hello BP family,I'm currently interested in investing in real estate and right now I and my wife are currently in the learning phase. We are curious about how the FHA 203k rehab loan is paid. We are under the impressi...
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How much should one expect to pay in closing costs for a typical rental property loan right now. I am looking to borrow $225,000 with a conventional loan. I see these online sites with rates as low as 3.75% APR, bu...
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Looking to get a little advice here as I'm in the process of buying a 2-flat here in Chicago. I recently filled out the loan application and there was a section that was titled "loan estimates" where it has Terms, Pa...
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Any attorneys or risk managers out there that have knowledge on this question? I had an extra family car, that I want to be full time dedicated for use by my PMC staff. I know I could sell it and retitle it into my P...
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Hello, I have a variety of real estate investments. I have short-term and long-term rentals and also am building at a sitet that will be short-term rental cabins/RV sites. I have these in 5 diffeerent states at the m...
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Hi BP,I am torn between two wholesale equations. The first being70% ARV -Repairs- My Profit= Maximum Allowable OfferORARV – Rehab – B/S/H – Your Profit – Investor Buyer Profit=Maximum Allowable Offer (MAO)After Repair...
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What's a good smartphone app to quickly calculate rehab expenses? On that note, can anyone suggest a good smartphone app for overall ROI calculations?Thanks.Mike
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Ok. I have a HELOC of $200k I'm having a hard time figuring out how to start and scale. There is only 2 ways I can think of to make it work. 1. Buy property outright and just pay the HELOC off slowly. 2. Is put a down...
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Hello, does anyone have a rehab estimate formula for the Michigan Market? I know that repair costs are different for every market, so I was wondering if anyone uses a repair estimate formula that has been working pret...