here are the numbers
1100 sqft condo 28k
rents for 750-850 a month
hoa fees 360 month
tlc needed - heavy clean, paint, new stove-1k
buying all cash no mortgage
So if the place rents out at 825 no vacancy i make my mon...
I've flipped property worth over 1.5 million all the way down to 50,000. Every area and every deal brings different risks. Higher price points present more risk from a capital allocation method but in really low-price...
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Suppose the first mortgage holder forecloses, the property is sold at auction, and the mortgagor redeems the property within the redemption period. Would such a redemption reinstate the 2nd and at the same time move...