Erin Butler
Hard money to Conventional
I'm asking this question at a very generic concept, hopefully someone knows the answer and I'll use very simple numbers.Lets say I bought a home for 70k via hard money, with an ARV of 100k. The hard money lends me th...
Doron Rice
Solar panels removal
I saw a nice property that I want to flip (in NJ). this property has solar panels on the roof which I plan to remove (house needs new roof). the property is sold in an as is condition (short sale). I wonder if the le...
Joshua Taffe
Investing 2-4 units Deal and advice
Hello,
I am looking to invest in a buy and hold of a 2 to 4 unit home in CT.
I currently found a duplex listed at 229,000. 3 BR 1 bath in both units. Rentometer says 1292 average so, let's say 1250 a unit. But the ...
Khari Lewis
How much cash reserve
What is a good amount of cash reserves should I have for maintenance and unexpected expenses of each rental property?
Raymond Wiggins
Help needed estimating value.
A few years ago I was looking to invest and I bought ten units in a small town just south of the Kansas City Metro area. I have improved them significantly and have raised the rent from an average of $950 per unit to ...
Tiffany Hayden
I'm new and I'll be renting out my primary residence.
Hi everyone. I'm in MI (metro detroit area) and looking to move. My husband and I are looking to purchase a foreclosure (or short sale) to move into and we will be renting out our current home. We are doing this for 2...
Gary Abner
Help me look at this deal?
Hello All,I have a 4 duplexes that I dearly love and don't owe very much on them. I've just recently started trying to look at debt differently based on BRRR and so I'm looking at bigger. I wouldn't mind finding a p...
Account Closed
16-Unit Conventional Apartment Complex Acquisition (Phase I)
Investment Info:
Large multi-family (5+ units) buy & hold investment.
Purchase price: $1,550,000
Cash invested: $292,000
This deal represents Phase I of a 28-unit new construction project being a...
Michael Plaks
July 15 deadline for estimated IRS payments
I see a lot of confusion about this relatively simple topic, so let's clear it up.1. Estimated payments in general. If you're strictly on W2 salary, your IRS taxes are taken out of your paychecks. Often they are takin...
AJ Smith
Interest Rates for Analyses?
When running your analyses, what interest rates do you use?
For a 20% down investment property, what is the typical interest rate? (currently using 5%)
For a 5% down Househack, what is the typical interest rate? ...