Hello! I am new to real estate investing and I have a question (hopefully not a dumb one) that I hope someone can answer for me. When you purchase a home to flip, how do the property taxes fit into my pro-forma? Do I ...
Will hard money lender's or any other unconventional lender lend money on equity of a home alteady owned clear and free? If so is it still based on 60-70% of the ARV with the same points and interest set up?
I just finished a Real Estate “flip” and wanted to share my experiences. I also feel a debt of gratitude to my real estate team, Hoston & Associates, and wanted to give them a plug.To start, I should share that...
I would like feedback on a rough analysis. Information gleamed from realtor and trulia.com and verified with the County Assessor. The construction estimate is extremely rough: My sense of construction cost is improvin...
I’m looking for a bit of advice, seems I have a slight dilemma. I'm currently on the market for a home in NJ. I was leasing an apartment on the Hudson with views of the Statue of Liberty and NYC skyline for close to $...
What items would you like to see inspected when doing a Flip? Do you need a full buyers inspection?
Howdy!
My wife and I are looking to try our hand at the BRRR tactic on a distressed property in Waco, TX. After listening to Podcast 233 (with Arianne Lenore) I am increasingly interested in the Delayed Financing st...
Hello BP community! I am in the process of getting off the sidelines and getting into the REI world. We have located a flip and are in the process of figuring out the financing. We are looking at getting a HML and hav...
Investment Info:
Single-family residence fix & flip investment.
Purchase price: $215,000
Cash invested: $40,000
Current project Fix and Flip. 2+ BR, 1.75 bath on .33 acre. Needs new roof, new s...
Investment Info:
Single-family residence fix & flip investment.
Purchase price: $47,500
Cash invested: $75,000
Sale price: $195,000
Flipped in 6 months. Purchased July 2020 for $47.5K, closed...