Morning BP,My question today is about section 8. I picked up the S8 Bible VI&II the other day and found it to be a rather interesting read. A local investor turned me on to it saying that he's followed the same m...
I want to buy a three family home. I am not handy at all, most people I talk to say not to get into a multi family property if I’m not handy. Is this true? Should I take their advice? Though I know other who have said...
So here’s an example Brrrr just to see if I understand how the numbers work.
House valued: $100k
DP: $20k
Loan: $80k
Rehab: $20k
ARV: $160
Refi: $160k * 75% = $120k
Cash out: $120k - $80k = $40k for next deal
...
Has anyone done a cost segregation study, and what are the pros and cons? Has anyone used Engineered Tax Services for this study? It all looks good on paper, but I wanted to see if anyone has some real world experie...
...without leaving your office.
A fellow BP poster sent me this via email:
A quick question for you. In a post you mentioned that you can complete due dilligence on a property (minus the inspection) in about three h...
I'm looking for a property to purchase in the Cape Coral, FL area. I'm looking to pay cash since my job is not stable and move from one job to the next (i'm an artist). I would like the property to have great apprecia...
Ok, so we had to close on a deal that was meant to be a contract assignment. Here are the numbers:
ARV 110k
Repairs 20-25k
Rent 950-1000
Originally asking 35k
Bought for 20k, had to repair the back extension (mechanic...
Looking to buy my first turnkey rental. What advice would you recommend?
heylooking to purchase a long term buy and hold rental property, budget is 70-80k cash only (oos investor), was approached by a company who assists in the whole process who recommended the indianapolis market as a gro...
I'm a newbie, and recently attended my local DFW Real Estate Investment club this Saturday. I heard this interesting idea about a buy and hold philosophy in relation to vacancy:
Most investors don't own enoug...