BP,
Cash out Refi-ing my first duplex. Appraisal came in lower than I would have hoped for. At this point I would only be able to take out about $19K(have about $25K invested in home), going from $1,550/mo paymen...
I'm a rookie investor who has come across a deal that seems to work well, but I could use some assurance or advice. Here's the sitch...I come upon a property in Alabama from a wholesaler for 37k. Rehab estimate is 2...
Hi Everyone, I am new to real estate and I am unsure of how to come up with monthly expense amounts. When calculating cash flow, how do you know the amounts for the monthly expenses such as mortgage, taxes, insurance,...
Hello everyone!My name is Josh, I’m 21 years old and currently living in Florida. I am trying to help my mom invest into real estate as she is getting close to the age of retiring and I want her to be financially stab...
Hello,
I've been talking to a realtor from realtytrac that specializes in distressed properties. I have not been pre approved for a loan yet. She sent me to Wells Fargo where I do my banking. With the info I provided...
I'm considering a 4-unit condo complex. Its brand new construction, rented to the local university (1 year leases) for scholarship students. I modeled the numbers (below) with 20% down, however the cash flow is tigh...
I have a customer who bought a property a little over a year ago with a 100% loan (80/20). They got a good deal on the property so the loan amount is right in line with the market ($265 K). The interest rate is coll...
Hi everyone! On a previous post I was asking about house hacking, but my initial idea consisted on buying townhouse/condo in Columbus Ohio . Here's my two questions:- I've heard people say that Investing in Apartments...
VacantProjected Gross Monthly Income: 24,000Cap Rate 7.5%Repair Costs: $300,00Good Location, on site laundry and storage.Has anyone sub metered electric and water and what is estimated cost and any information you can...
how does the bank make money off this?