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Wondering if anyone has any experience purchasing a foreclosure from a reverse mortgage company. I'm in the process of negotiating a price and terms on my first sfh investment property. My realtor is telling me the ...
Bought property last December under market. Paid 282 no closing costs. 3% down. Worth 340 right now. If I paint and fix up kitchen, all bathrooms, and a few other dated stuff I think I could get 380-400. Would you fli...
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Woohoo! My offer got accepted for an investment property in Pennsylvania. Next up is a huge financial hit: closing costs. I just signed a bunch of disclosures from my lender and after reading them it has me thinking, ...
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
Hi,So I have an verbal offer we made for a flip in Sugarland, TX. Could you take a look below at the analysis and the photos as well? We estimated 40k for the rehab just based on square footage so far. The owner is...
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Hello, I'm looking to acquire multifamily properties in North Carolina. I understand that attorneys do the closing there. If anybody is familiar with the breakdown of the costs associated with closings in North Caroli...
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Hey everyone, I'm new to this so when I ran the numbers with the BRRRR calculator I thought, I have to be crazy. Can someone help me, am I missing something here or should I go for this immediately? (note, my "repair ...
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Hi Everyone,
I have a question in regards to getting to my true profit from a flip. Below is the example and question.
Say I'm flipping a house and my monthly P&I is $500. With $75 of that being Pr...
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So I’m currently in the market to purchase my first rental property, and I’ve been brainstorming for good ideas and I remember Dave Ramsey saying that he buys all his properties with cash which allows him to offer way...
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When looking for a DSCR lender, do you have to find one in the area you are looking to invest in, or does it make more sense to find a national provider? Looking to purchase a STR in North Myrtle Beach later this year...