I need help analyzing a deal and finding hidden costs that might come up on a potential deal. Here's the background:-House in pre-foreclosure, $42k past due, $300k remaining on loan, auction on November 22nd, house is...
So i have a question about working with rehabbers. Im looking to wholesale REO's to rehabbers via simotaneous and double closing. They will fund my A-B transaction and the B-C. BUT WHERES MY PROFIT?
if they want 70% ...
Ok, looking for some input from the BP community. Here's my situation ( Ill try to be as succinct as possible)...- left my financial services business in January '15 to go full time in RE- current income = $0/mo- cred...
I’m looking into buying a single family residence and building a second unit as a duplex or ADU, but my lender and other posts online say that is very difficult to get a correct appraisal done for a 2 unit home. In so...
Hi all,I've been lurking on these forums for quite some time - today is my first post. I could use all of your help. I recently came across a four family property and seller wants $725k. I want to house-hack one of th...
Knowing what you know today, how would you advise a new investor to invest 100k? I have done a lot of research on turnkey providers and am purchasing 2 properties already but would like to know what you have learned ...
I'm based in Nova Scotia, Canada, and I'm 26 with about $75K in savings and I'm wondering how to make this money go the furthest. I'm house hacking for my first property, which I expect to be around $250-350K, and the...
I have been changing some processes at my STR and it has come out more and more that my cleaner is not the best fit for me. She has been open about things she won't do (change duvets every clean, spot clean carpets w...
I have been receiving some calls recently from owners who would like to sell their homes, but owe more than their houses are worth. Is there any strategy to help these people and make a profit at the same time? Would...
After owning a bunch of rental properties, I realized that for Single Family Homes, your real vacancy factor is not necessarily 10%. Why? If you have a mortgage on the house, logically then, if it becomes vacant, y...