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Hi guys!
So, I'm trying to do my first BRRRR in Kansas City, MO and I found a few Hard Money Lenders and they both do acquisition and rehab loans and I'm so amazed by how the expenses just accumulate with closing and...
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BP First Post.I'm looking into my first investment. The mortgage would be assumed from my parents. Currently they have a $1500 mortgage. SFH 4 Bed 3 Bath.The property can rent for $2400.I would need to rehab the prope...
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Hello Everyone,My husband and I have decided to start investing in real estate. We just made an offer for a multi unit (2 units). We will live in one and rent the other. I have been reading books and watching webinars...
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Question...Were are getting ready to closing....And I attorney needs a copy of the Seller’s Trust Agreement and the Seller’s cost basis numbers to complete the Closing Statement and the Gain Affidavit.What are the Sel...
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Ok so i want to buy a duplex.so right now i am renting for 1465.00 a month if i can buy a house and rent out the other unit and that tenant would cover most of my rent but not all is this worth doing?so lets say my mo...
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I have a question concerning funding a rehab, if I use a hard money lender would I be able to factor that into the loan ? Is that the same with using a bank to fund a deal? Thanks in advance
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I’m looking into mobile home parks. I found one that I started running numbers on but couldn’t find a lender to finance the deal. What lending options should I research? What are some other ways besides the the MLS t...
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Hi, I'm trying to flip a property it's my first flip in a good area, and the lender wants paperwork of a "Broker Price Opinion"? What is it exactly? And what is different from an appraiser than a BPO?
Hi BP. I'm looking to put in an offer soon on my first property and the numbers seem really good... am I missing something in the calculations? Is there something I haven't thought of? Any help is really appreciated.
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Hello everyone! Complete newbie to real estate here.I do own my own home (with a friend) but am new to investment.A couple partners and I are looking into a property in our hometown. It's a duplex with tenants already...