Hey everyone, I just re-did my taxes so I can qualify for an FHA. I am stuck between moving to Houston TX or Philly to start investing in properties and starting my life. My main goal is as followedHouse hack live in ...
Hey everyone, my name is Carmine and I am looking to get started in REI. A friend and I have both been reading BP and listening to the podcasts for the past 6 months or so. We have also been reading a lot of the books...
Hello BP!Had a question. What rates are you all seeing nowadays for conventional 30 Yr Fixed loans for investment rentals (new purchases, not refinancing)? I was under the impression that rates were around 5% (or lowe...
Hey everyone,Has anyone negotiated with the State to reduce a tax lien or deed certificate quote and was successfully? We are looking particularly right now in Alabama, but also would like to know about ANY successes!...
I talked to a contractor the other day, he told me he usually builds new houses for $111/sq. ft. + about $22,000 + permit, impact, and architecture fees. He says his price might approach $200/sq. ft. for higher end ho...
My dad has a rental in Brentwood CA and the HVAC (central heat/cooling) is falling apart. We got quotes for new system and they range from 14k to 25k for high efficiency. We were expecting much lower, Any recommendations
Question for (I'm sure many) people that have been in this situation. Here is the lay out. 3 people. All three of us are established in our own careers at age 30. All of us have been flipping houses together for the p...
Have been going throught TIMI for a few properties. Is there an accurate way to know what property taxes will be if there will be a substantial increase in property value at purchase price? Is it safe to use comparabl...
Hey BP! I have been working with New Western here in Dallas and they have connected me with their sister company hard money lender Sherman Bridge. They are offering me a 7.75% 1.75 origination points for 75% arv on a...
I am looking for some creative ways to make the following pitch to a seller. Here are the numbers.
ARV 205000.
Repairs est. 20000
asking 145000
My strategy is to rehab and retail.
Now in my calculations the follow...