I have a property that I am selling and have a buyer that requires a 2nd mortgage and that it is from me the seller and at 0%. The buyer needs that to be able to purchase the property at 75% LTV from the bank. So let'...
Good morning BiggerPocketers,I have a degree in construction management and currently a construction Project Manager for a drywall company. I have done projects anywhere from a 42 stories luxury high rise, luxury reta...
HI All,I have an issued. There is a house that has been 290 days on the market. This is a multi family 4 beds 2 bath and a a garage, lot size 1742 sqft and it is owned by a bank. The price is 205K. my exit estrategy ...
I need some advice on whether to accept or decline tenant. Out of state rental has been listed for little bit over 1month by renterwarehouse. So far gotten 4 applications all single mother with 2, 3, 4 kids. Most of t...
So I know the "standard" way to calculate the 70% rule of thumb is to take the ARV x 0.70% and then subtract the rehab costs to come up with your MAO.My question is why wouldn't you take the ARV and subtract the rehab...
I'm looking to buy a property (first timer) for that is a bit over a 1 million with 25-30% down. I will be living in it with my family.
Due to the high prices in our current market, I may not be able to cover the en...
I have been making an effort to get into my first Multi, but it is slim pickin's in my area (south/ east Massachusetts). It seems investors are scooping up the cherries before they hit the real estate websites. T...
Could anyone please suggest best ways to minimizing the amount of taxes you pay for properties you buy, rehab and flip for profit in a short couple of months period?
One scenario would be I use my own cash to buy and...
Hi all!I'm trying to get into real estate and all of the resources I've been reading/listening to have said some of their best advice was learning the market. I was looking in areas where property was reasonably affor...
Not too long ago, I was involved in a discussion where another BP member - Jason Scott, who is a rehabber in Atlanta, mentioned he would not purchase a wholesale deal from me for certain reasons. Thos reasons were bas...