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I am under contract on a house and my lender sent over the closing cost estimations. It looks like they are charging an origination fee of 2.5%. This seems high compared to what I have seen in the past. What have y'al...
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Good morning to all,I'm a traveling operating room nurse from FL originally...my girlfriend and I plan to make a perm location somewhere in the greater south/southeast. Possibly, Savannah, Charleston, NWF (If I can c...
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Hi
I'm just getting into this and trying to clarify the basic cash flow patterns of the foreclosure and short sale market. Bear with me because I'm a real newbie. Let me start with a hypothetical situation.
Someb...
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The COVID-19 pandemic triggered a wave of changes in commercial real estate investing. Remote workforces and e-commerce trends have significantly impacted retail and office asset classes; however, the multifamily asse...
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Investment Info:
Small multi-family (2-4 units) buy & hold investment in Philadelphia.
Purchase price: $268,500
Cash invested: $11,204
The Property:
My first rental is a semi-attached triplex in ...
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Hi Everyone, So after countless hours of listening to podcasts, surfing these forums learning from you all, and reading tons of articles/books I am super pumped to finally be closing on my first property in about a we...
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I just bought a duplex to house hack as my first property and I'm getting ready to rent out the side I won't be in. A friend's family member is a real estate attorney so I reached out for help on a lease. I figured it...
So Im trying to get my head around this. Lets say I have a LO deal I want to assign. (a cooperative assignment LO)The Seller only wants 1 month rent as a security deposit.The TB has 10k as option consideration.Wouldnt...
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I've been reading non stop on BP and ran across the Lonnie Deal concept.
I drug the wifey along to take a tour of the local trailer park and we were stunned.... Not a single for sale or for rent in the whole park. ...
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Hey everyone,I'm in the process of offering on a house that I plan on house-hacking, so I am obtaining an FHA loan. It is rent ready, but I do plan on adding 2 bedrooms so there will be a small rehab cost. Right now w...