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Is it possible to obtain a mortgage that includes funds to renovate a property, other than via the FHA 203k program? For example, could you go to Chase or some other typical bank and obtain a loan for say 175k to buy ...
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I noticed on Zillow that there were homes that were in decent condition from 100 to 200 range that could rent for 1100 to 1200 in Colombia/Lexington SC. These are hard to find these days.
I would love to meet a re...
Hello BPs! How much is the closing costs in general in PA? by county/area etc.
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I saw a SFH listing pop up late on a Thursday afternoon, I forwarded it to Mark (a realtor, property manager, mentor I've been working with in my target area). Later that evening Mark returned my call while I was the...
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I found a great deal on a duplex near me, I want to house hack it. I was thinking of putting 5% down and asking for 3% sellers concessions but I don't know if that covers all of the closing costs. Does anyone know how...
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Hello, Back in August we had some roof damage to one of our rental in Dallas region. We got an estimate from a roof repair company and the estimate came to 12K.We got the insurance involved and while they agreed ...
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Wondering what everyone budgets for closing cost as a rule of thumb. I know this can vary based on county to county, who pays title policy, etc. but I'm wondering generally what do you use off your head.
3%, 5%..7%?...
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I will try my best to keep this short:So today I checked out a place asking price 10k. The house is about 100 years old in a neighborhood with quite a few abandoned places...looking at the pictures the place looked gr...
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Hi BiggerPockets, I’m considering the purchase of a small 1,200 sqft home in the Memphis area on a HUD auction. I’ve done my numbers on the property and believe I could make this work as a BRRRR. The foreclosure ask p...
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So I was given these numbers by my lender that set me up with my pre-approval letter:
Purchase Price - 350k
Down payment - 5% = $17.5k
Closing cost = $14k
Location of unit - Montgomery County, MD (zip 20874)
Is $...