Horacio Gutierrez
Average percentage of the ARV for renovation costs
Hello,
I know each house would vary on how much to spend on its renovation costs, however, is there like a rule of thumb of a certain perecentage of the ARV price that someone should spend on renovations cost so it w...
Aasim T Bickiya
Why do some rental sit on the market?
I want to invest in class A and Class B rental in the suburbs of Birmingham such as Helena and Calera. But as I was browsing Zillow I noted some properties that were put up for rent were sitting vacant for months on e...
Nicholas Parish
First time visiting a 4-plex...suggestions?
Hello all! First time posting here.As the title suggest im looking for some advice on seeing my first 4-plex. I am a commercial roofer by day so i know how to spot roof problems. Old windows are easy to see as well. B...
Raden Mantuano
California Wholesale Scenario Question?
Wholesale scenario in the Southern California Area:Looking to get a property under contract in a desirable city in SoCal which has been vacant and abandoned for over 6 months free and clear only about $5k in back taxe...
Alex Jenkins
My new Wholesaling business venture. Looking for some help!
Last week Friday I started my Direct Mail Postcards and chose to deliver all the in-county ones myself, going door to door. I knock on the door, ask for the owner, introduce myself and then ask if they would consider ...
David W.
HELOC vs HELOAN vs Line of Credit vs ?
Hello everyone!I currently own a house in Los Angeles that is appraised value $750k. I have a 30 year fixed conventional mortgage at 3.62%. I owe $500k, have no other loans, mortgages, debt, 750+ FICO score and I am t...
Steven G.
First possible distressed home purchase
So today I went and looked at a property in ct. The homeowner is separating from partner and owns the house solo she lost her job and will loose the house no matter what. It is A 3 bedroom 1&1/2 bath ranch. The h...
Dave M.
Newbie Needs Deal Analysis Help
Hi all,I would like to get into property ownership and have a potential deal that I'd like some feedback on.Property is SFH that is occupied and renting at $650 / monthOwner is asking $35K.Taxes are $800 / yr and insu...
Belinda Lopez
Do I buy this one or wholesale it? $40k price, ARV: $100k owner financing
Just left an appointment with a nice lady who is selling her home for $40k. She told me she could owner finance with $10k down and I can pretty much name my own terms. ARV on the house is around $100k, needs about $...
Kate Miller
New Investor in CT
Hi all!
I am a newbie and looking to get as much great info as I can from all of you experienced investors.
I am putting in an offer on a Homepath REO property this week. It needs a new roof but it is far below retai...