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*This link comes directly from our calculators, based on information input by the member who posted.How did my analysis go? I still need to reach out to the realtor in regards to any property updates that...
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Hello BP Family,I am submitting an offer on a property this week. This is a duplex unit. I have recently been inform from my lender that Fannie Mae requires a 25% minimum down payment. I originally was planning on 15%...
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Hello All,I am purchasing my first Multi-family property this year. I currently live in NYC where properties are far too expensive. However i have a few investor friends who i know purchase strictly foreclosures or pr...
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I have been talking to a few whole-sellers about buying there properties. Some of them what $5,000 non refundable and close in 7 days, other want $3,000 and close in 15. What is typical where you are?
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Fannie Mae allows a 10 day inspection period after they have accepted the offer and an earnest money deposit has been provided. Can anybody explain if the price can be negotiated if problems are found with the proper...
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I am finishing up a rehab in Indianapolis and had a couple questions. What are the typical real estate agent fees? I am from California and the typical fees are 5-6% split between the listing and selling agents (2.5-3...
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What are differences typically of private money vs conventional loans terms?
Conventional: 30 yrs, fixed, amount loaned dependent on income + credit
Private: 1-5 yrs?, fixed?, dependent on?
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This may be an obvious question, but, where does your rehab budget typically come from? A loan? Cash you already have on hand? Thanks.
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(New to Real Estate)Trying to structure a multifamily deal with an out of state investor. With minimal capital on my side would a LP better suit me for flexibility in distributions than an LLC?
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Do you charge extra for pets?
I’m curious about what you guys charge for a pet fee (if anything). Or if you have any specific rules around pets I'd love to hear it!
I typically charge $100-$200/pet/stay dependin...