Sorry it might be a stupid question but can an individual be a hard money lender and if so what are the general requirements? And what are ways to protect oneself? And in case of default can the hard money lender ac...
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I see a lot of online companies promising extremely attractive rates for conventional loans. Some have even said they do 3.75% with no points, with 740 credit or above. Now, I have talked to lenders in person and ever...
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Hey Everyone, I am closing on my first purchase in about a week. I am house-hacking a 3-bedroom condo in Chicago by having 2 roommates each pay me $900/month+ utilities while I'm in the master. This might be a no-brai...
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Just wanted to share this fix and flip we completed.I bought this house in very bad condition, from an estate, for $30,000. The house had mold, no insulation, and was in generally bad condition. I bought the property ...
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I'm starting a direct mail campaign to high equity absentee homeowners, and I'm trying to setup a voicemail message for the calls that I can't take. I've read a bunch of blog posts that have differing opinions on whe...
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What ratios are you seeing in your current SFH analysis? We know the targets of 1% rule, 50% rule, cash on cash return and desired cash per door ~$100-200. As these are targets, I would like to know what you are enc...
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I'm house hacking in a duplex in Seattle. The vacant unit is listed for long term rental, but I heard of this company Pillow. Pillow manages your vacation rental through Airbnb, VRBO, and Homeaway. Pillow handles a...
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Hi, I'm very new into learning about real estate so forgive me for any silly questions, I came across a property in a small town anthony NM, it is a very small duplex with two apartments in the back (total 4 units) 1s...
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HelloI need some help in analyzing a deal. In the area where I am, there's hardly ever a multifamily "deal". So when I saw this, I wanted to look from other pros eyes as to why this didn't make sense for them. In othe...
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Hi,
I recently bought a property and want to remodel the Kitchen and Bathroom. However, the contract returned to me with the following costs:
Kitchen ($13,600)
1. Cabinets -- Removing, Cleaning and Painting doors(...