Hello, I have a question regarding receiving cash-back on a property. #s used in this are for example purpose only Imagine the property is appraised by bank for 1.1 Million and I am getting it for 1 Million. Bank is w...
Hi, I am trying to analyze some tenant occupied rentals that I am looking to wholesale. The wholesale calculator is asking for a repair estimate. It is 0, but I cannot move forward in the analyzer as it highlights the...
Hi guys-
In my transactions I have the buyers paying all the closing cost.
As you know, to arrive at the acquisition price we subtract the repairs and the assignment fees from 70% of the ARV.
But how...
Hello BP family & Private Money Lenders, We're in the process of purchasing two solid rehab projects here in the SF Bay Area. (Very safe and affluent areas) Our est time to close is just about two weeks shy of to...
Hello I making an offer on a property and I would like some help reviewing this deal to see if I am running the numbers right.This is a triplex in a C class area that is being revitalized in Richmond, VABuilding is 10...
hello all,I bought a short sale last year for 249k a single family home and I have 3 roommates on Craig's list. I just put under contract a townhouse for 170 that I plan to buy and hold using fha? Since I have one FHA...
Hi BP! I've been analyzing some deals online looking at several duplexes and triplexes to purchase (this would be my first investment deal). Currently I'm looking at a $75,000 duplex with 20% down ($15,000). Based on ...
When applying for a hard money loan, make sure you understand all numbers are going to be estimates until all of the variables are completed and final numbers are calculated. The hard money lender might be able to giv...
I closed on my first Hubzu purchase at the end of April. Luckily, closing went surprisingly smoothly.I met my contractor at the property and got him started on (what I consider) minor fix-ups - paint, carpet, laminat...
Hey BP, I am a 23 year-old college graduate that has no student debt. I am interested in purchasing my first rental property in NJ this year. I have 10k saved up at this very moment however, this amount will increase ...