Ikenna Okafor
Cash out Refi - Loan Fees and Costs, What is reasonable?
What amount of fees are expected these days in a cash out refi? How much is reasonable when it comes to loan fees? I had planned to do a cash refi on one of my investment properties, but the fees are too high. With t...
Michael Marston
Why would I not do this deal?
Duplex @ $395/mo. each side.; small ranch @ $375/mo.; another small ranch @ $450/mo. All currently occupied. Tenants pay all utilities - except duplex gas which is paid by LL (approx. $2K per year). Taxes = $2,000.Tha...
Jeff Howard
Huntsville AL Deal Analysis
3809 Timwood Dr NW,Huntsville, AL 358103 beds2 baths1,534 sqftPrice: 63KTurnkey providers description: This 3/2 1,534 square ft home was built in 1980 and it’s right next door to a ball field and the neighborhood is r...
Marc Izquierdo
What number is taxed on a financial statement?
I was starting to build, edit, and run a few deals through a spreadsheet I developed. Below is an example of the financial statement portion of the spreadsheet. I was wondering which number the IRS uses to determine...
Rebecca Jeffers
Need Help With Offer
I'm looking at my first duplex in the DFW metro area. Built in late 60's, 2/2, 2400 sq feet in older but established neighborhood. Renter who wants to stay on one side and owner occupied on other. Renter pays $700 ...
Dave Howland
Fix and Flip opportunity?
Hello all, I'd love to get some advice on a potential flip I'm thinking about. It will be my first. I have a friend who has a neighbor that passed away, and her house is being sold in the next few weeks. They've offer...
Stephanie Sellers
Hello from Mass and 2% rule question
Hi, I'm a newbie from central Massachusetts hoping to have my first deal to fix up this winter.
I've been practicing at analyzing deals and I'm wondering if the 2% rule (where the possible rent should equal about 2% ...
Moazzem Hussain
Help with insurance company screwing me over
I had some water damage at a rental back in February. The insurance company snd adjuster keeps making excuses and dragging the process a long. Its September and I haven't received anything. I haven't been able to repa...
Matt Horton
My first deal
I just started my first rehab this monday.I have been preparing for this for about 6 months reading bigger-pockets ,jscott,and danny johnsons,websites countless times day and night .My background is residential and co...
Andrew Angerer
Comp discussion for getting a larger HELOC
Good morning friends, My next door neighbor's house just sold for $160k after being fixed and flipped. This is convenient for me because I am soon getting my house appraised for my HELOC. The neighbor's house is a 3/...