Hi All,How do you present a deal to an investor with the goal of being compensated for it when it closes via an Acquisition Fee? If I find a deal, but don't have capital to bring in and instead work on underwriting, d...
Hello all,
I’m looking to purchase a first rental property. Does anyone have experience or knowledge of Roofstock? Is this the way to go for first purchase? Thanks!
My wife and I purchased a rental property in 2018 for $153k. It currently rents for $1800/month and we enjoy the positive cash flow as well as the market appreciation (~$245k).We want to purchase our second property a...
Hi BP community! I am ready to buy a double+ in Lakewood Ohio, but it seems that out of pocket ROI seems low (~5-6%) and I am curious what others are estimating as expenses. The houses are all about 100 years old so I...
Good Day All!
First off, I am new to both this site, and investing. I have some ambitions that some might consider lofty, but I've finally snapped out of the rat race mentality, and did so at the ripe age of 39... So...
I am closing on my first property using FHA, interested in buying a 2nd property.What other financing options can I use?DSCR? What are the pros and cons ?Any other financing options ?
Hi everyone,This question is probably for the more financial modeling experienced people but any help would be greatly appreciated.I would like to figure out how to determine on a 5yr hold whether cashflow distributio...
I have been getting prepared to present a seller financing package but I am unsure concerning taxes and the balloon payment. Will the seller have to pay taxes on the balloon payment? If they sell the property in form ...
Hello, I have 3 properties that I've owned for 3 years and recently added a package of 5 that gave me 8 total. They're all paid off and the value is give or take $400-450k. The total rents generated will be $6300/mont...
I'm looking at a place that will bring in ~950/month after mortgage, taxes, PMI, home insurance and water/sewage.Fully occupied with long term tenants, and no major outstanding maintenance that needs to be done. Would...