Mike Henkel
60 Unit Apartment complex Construction Approved!
Just received word that my 60 unit apartment complex construction is approved! Have been meeting with the city planning commission since about December. City approved it a few weeks back and my bank approved loans TOD...
David K.
Options for new heating systems in a Tri flex
I've noticed a lot of Tri-plex (3 family) houses have one central heating system I've looked at lately. Other units have these old fashion "gas stove" type systems in the northeast. What other options would I have t...
Ran Iarovich
What are the closing costs that buyers and sellers pay. Is it different per state?
I was wondering if you had any input as to the closing costs that you typically conduct deals with and charge buyers and sellers.Is it different based on the state that you operate in?
Nicole Johnson
New Construction Loan for 6 Lots
Hi! Any suggestions on the best way to structure this deal with the lowest out of pocket cost?6 Shovel-Ready Lots in Texas within the same sudivisionCost per each lot $140k Build Cost per each Lot $500kTotal Cost Per ...
Patti Thurman
Insuance on rentals
In Dayton Ohio. I have 2 rentals combined value is approx 70K . Insurance is currentlyreplacement cost of 259600.00 with 1000K ded on each. Currently being billed for 1571.00 annually for both properties. I am being a...
Gregory Jimison
My First Deal!!
Well I have finally pulled the trigger and am currently completing the process of purchasing 2 fourplexes from a bank! Here are the numbers, let me know what you think.
100% bank financing
140k property (both build...
Ari Bachrach
Feedback needed on first deal
Full disclosure: I'm already under contract for this deal, but since it's my first deal I want to get some feedback even though I'm going to be going through with it regardless.I'm buying 2 condos in the same complex ...
Dave Fagundes
Assessing and inferring from financials
Last couple offers I've had out I made because the deals seemed good based on assumptions I made including 5% each for cap ex and repairs. These assumptions were ones I got from watching some of the BP.com webinars ab...
Owen Santangelo
First flip! Peekskill, NY
Investment Info:
Single-family residence fix & flip investment.
Purchase price: $240,000
Cash invested: $50,000
Sale price: $406,000
First flip. All work was permitted and done...
Janet Balian
Assignable Contracts/ Double Closings
Hi everyone, I hope you're all having a good day. I had a question about vaild contracts. Do I need to get an assignment contract from a title company, a lawyer? Is it a contract that I can print online, or do I need ...