For those investors with 2-4 family homes in the Rochester, NY area, what are typical Cap Ex and Maintenance costs you've seen over the years?
Hi i am working on an offer the house is 3 familyasking price is $250K repairs will be 100kcap rate similar homes 7-8%.. according to my calculation i came up with 10%the rent as the sales agent says per unit $1800-...
Hi everybody, I’m in the process of buying my first investment property. I’m doing it the traditional way with a mortgage. My lender is Charging $600 for the appraisal, does this sound high to you guys? It sound high ...
View report*This link comes directly from our calculators, based on information input by the member who posted.
My wife and I are moving to a house. We have taken a mortgage out for $872,000 at 4.125% with a PITI payment of $5,625.11. We also currently own a townhome with $442,000 at 3.625% left on the mortgage and PITI payment...
I am looking for financing to purchase a 2+1.5 townhome; 1178 sq. ft., 1984 construction available for me to purchase @ $84,000; estimated necessary repairs = $4k. Estimated fair market rent = $1200/mo. Alternative st...
I was looking for a house, but came across a fourrplex being advertised at $109,000. They are town house style apartments with 2bdrooms and 1.5 bath. I will live in one of them and get FHA loan.Is there a formula or...
I am brand new to real estate investing and was hoping to bounce my situation off of some experienced investors. Largely to help talk my nerves down a bit, lol. I have been reading and listening to BP pockets for some...
Cash Flow property question:Seller has a property listed for $39,000. I saw the property, and estimated $65k in repairs. This wouldn't work as a flip, but what about as a cash flow property.3/1ARV - $72kRepairs - $65k...
So there is a note here for sale.Can someone let me know if I'm correct? They still owe 6k. If I bought the note for 4k. And they paid off the whole thing I'd make 2k profitNow my options would be to renegotiate with ...