I’m in Rochester, NY looking for my 2nd SFH rental. Been searching now for about 6 months and the numbers simply do not make sense unless purchasing with cash, which I am not. Meanwhile the housing prices continue to ...
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I'm in the final weeks of construction on a 3-family in Roxbury, MA. The property is held under an S Corp, and I'd like to keep it as a rental rather than selling it. I have a ~$650,000 hard money loan on the project,...
Hello, I came across a mixed use property in need of major rehab that I believe has a ton of potential. I already have a private money loan pre approved that would cover the purchase price and the est. rehab for the e...
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Hi guys,
Recently a bought a property on a discount in Orange Connecticut (new haven county). I bought if for 230k with a 10% downpayment and after a 30k rehab (cosmetic rehab, add a bathroom and add 122 sq footag...
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My name is Manny I’m really interested in learning to flip and invest in real estate. My wife’s grandma is about to lose her house due to debt. They owe at least 100k and the house is worth 270k. Is there a way I coul...
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I'm looking at a place in my town. It looks to work out on my math formula I have in excel for a potential rental. It would rent for 1150. If I want to put 45% of gross rent aside for expenses and have $100 cashflow, ...
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I received a call from a realtor for a 4 units home that he has for sale. Yet to put it on mls. Asking price is 350k but the seller cant take no lower that 335k. I went to see the home with my contractor. We estimate ...
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Trying to learn a bit of the terminology and meanings. Can anyone explain this? In my mind I imagine a loan shark :mrgreen:
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I have read tons of forums and WOW. SEC guidelines all over the place.
So my question is this as a new investor am I able to try and find "funding partners" people to put up the money while I find the deal, get the r...
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BEFORE:
After some cleanup:
After rehab: