I'm trying to help a friend walk through this and I have a good grasp of subject to but I'm assuming loan assumption is totally different. Any clarification on this one guys?
Newbie possibly looking to do first pre-foreclosure deal -- would like some feedback. I've been reading the forum, and reading up on the subject for the past many months, so I know enough to be *dangerous*...
Here ar...
Ok,
Last year I did my taxes with H&R Block. I own my house, but I rent out two rooms inside. I have done the math with the square footage, and I rent 41% of the home out. When I did my taxes last ye...
I was reading Mark Ferguson's blog and came across this cash flow calculator.http://investfourmore.com/rental-property-cash-flo...In that he mentions that house older than 50 years have on an average 25% maintenance c...
Does the hard money company decide when you eligible for a regular mortgage or will they let you exit as soon as you can , can find a bank to take over the loan that is?
How does this transition happen is there a s...
I'm extremely new and learning how to evaluate a deal. I'm very interested in this property as it is TWO houses, in a very up and coming area that is really starting to boom. My husband and I could live in one and re...
What's going on BP Family. I need some advice on a decision i need to make very quickly. Have a deal under contract here in st petersburg florida and i need to decide if i should wholesale it or keep it for myself. ...
Does the 70% rule of thumb apply if you are buying with your own cash or get really great rates from a portfolio lender?
Thanks,
Nir
Hey BP - I hope everyone is well. I recently stumbled into a good investor/friend that really wants to complete a deal with me. We are now financially in a much better place and thinking we want to jump right into apa...
But not actually purchased the home?
My team and I in Knoxville Tennessee have been approached by a family member to do the rehab on their property before they list it. Our initial thoughts were to request all profit...