Vonetta Booker
Investor/ homeowner rehab cost difference?
Why does there seem to be such a big difference between what rehabs cost investors & what they cost homeowners? (For example, many investors talk of doing rehab on a 50k budget--but then on the same project, many ...
Kyle Leygraaf
HELOC based on new appraisal less than a year after purchase?
Hello - I purchased a duplex late last summer and have invested significant equity in the project. I refinanced my initial mortgage in April (no cash out) due to the lower rates, and my new appraisal came in signific...
Steve Novosel
Delaware Rental Market
Hey everyone-
Thanks for reading. I currently live in NJ however am considering moving my investment to Delaware because of the lower taxes. Could anyone recommend a good area in Delaware with a strong rental market?...
Mike Gorius
Cash out Refi vs. HELOC
I'm in the process of getting a HELOC with lower.com, and the rep gave me an interesting option that I am trying to poke holes in (devil's advocate), but I am having trouble doing so. What are everyone else's thoughts...
Jerry Stanford
New Housing Construction Starts
I listened to economist Diane Swonk from Chicago a bit this morning. She noted that new construction builders were not happy as they were not seeing the margins they wanted for the demand they have been getting for n...
Jack Johnson
having trouble with a very basic concept-wisdom is appreciated!
having trouble with a very basic concept-any wisdom is appreciated!help me get my head around this concept -" leverage " for lack of a better word have 5 properties - 3 are paid for (worth approx 150k each) and 2 - I'...
Jonah Kubath
Rental properties w/ high HOA
I am researching to buy my first rental property. I am looking in the Washington DC area. Most of the houses / condos will be in the 500k range. When running mortgage calculators, the monthly cost would be:Mortgage...
Brandon Richardson
Current Cost/SF for New Construction in Atlanta
I have a lead on a vacant lot in the metro Atlanta area (Smyrna/"Sminings"). It had a house on it that burned down. The owner is demolishing the house and then selling the lot.I work for a multi-family developer/build...
Orkeem Davis
Keep it or Sell it? 4 family in North Bergen, NJ
Should I keep it or sell it?? I own a 4 family - 3 family apt building and 1 single-family home on the same block and lot and I purchased for $1,100,000 and its appraising for $1,325,000. The property is non-owner-oc...
Jordan Diehm
First rental NEED HELP.
Hi all looking to buy my first rental property. Condos are a lot cheaper than single family homes. Which is the best route for the first rental. And any advice on what to Watch out for