What percentage rate of insurance deductible do most of you use. I am currently using 1% deductible and considering using 2% or 3% percent instead.
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How do people here find the best deals for houses to purchase and flip? Could anyone explain their process in a nutshell from how they find the property online to how they make an offer? In curious what qualifies ...
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Hey y’all. I’m looking at purchasing a property in SA as subject 2. Just need some help getting my ducks lined up. Interest rate is at 4.75% and the mortgage payment is slightly less than the market rent in that area....
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I came across an owner who recently evicted a tenant. He informed me that him and his wife are getting a divorce and his wife would like to sell her 8 plea and 3 plex. He showed me the properties and they are in a B...
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The Problem1. The seller will take 750K for a house with an AVR of 1000K2. The house needs 150K worth of work3. He won't get out for less than a 250K Down Payment 4. He owes 260K on the mortgage5. His payments are 50...
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We presented our counter offer on a 6-plex, when another party crashed the party and offered full list price. Who does that in St. Louis! We were out of the deal. Getting that far was very exciting. It meant a quic...
I have 1 door that is completely paid off. Its generating about $400 a month cash flow. I really would like to get into buying a few rentals/BRRRR. My current rental is being rented out and needs a few repairs. Wish l...
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Hi all,I'm looking at a prospect that has a fireplace chimney that's separating from the house. It has pulled away 2 inches at the top, towards the roof. It has some issues that'll need repairing, along with the sep...
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I'm interested in knowing how many investors here in the forum are successful in buying their properties for 70% of the ARV? How realistic is this?
Would love to see a vote of some sort and hear stories or advice.
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I have a property I am in deal negotiations with the property is a 4 bed 3 bath 1890 sft tri-level with a pool light rehab just needs paint inside and outARV is 170,000 estimated repairs 6,350, owners minimum sellin...