I am looking for options on how to structure a loan from friends and family. I would use the loan for dp funding to buy a couple duplexes. I do not "need" the money to qualify meaning I can cover the DP amounts but it...
I acquired a 3 bed 2 bath single family home out of state for $1. Has been vacant for 3+ years. I’ve discovered selling it is not the best idea right now due to a lien from 10+ years ago. So I got contractors in the h...
By the end of the year I should have Actually speaking it into existence I will save 10 K what do you guys think I should do with it for beginner
Would you do this deal???Purchase $200.000Down money $50,000Loan $150,000 conventional @3.8%(30yr)Closing costs $14000Rehab $60,000All in 274,000ARV 280-300Rents 3000-3400/monthPITI- 1360Repairs - 150Capex 150Vacancy ...
This may be a silly question & I might not get the answer I'm looking for but I'm going to ask it anyway! So I hear on a lot of podcast episodes talk about how there are creative ways to fund a deal with little to...
What to do: The 14 day time frame is unrealistic to a situation and I'm seeking input on what to do:Tenant left cat urine soaked wood flooring. It will take us longer than 14 days to resolve and know the final cost....
Hello everyone! I am just starting out in real estate investing. I started my company in September, and since have been building a team to get ready to purchase my first rental property. I am starting to get into the ...
Hello I am considering getting into Buy & Hold investing. I have no money and no credit history. What do I need to do to get going in the right direction. Also anyone that willing to teach me the ways to close the...
Ok, this is an area I don't usually play in so I had some questions regarding Subject 2 / Wrap deals in Arizona. At our local REIA the other day we had a speaker that claims if a deal is done properly Arizona Law pre...
What %s do you use when evaluating multifamily properties? A Bigger Pockets webcast suggestion for single family homes goes something like this:
5% for expenses 5% vacancy 6% capital expenses 10% prop managerWhen it...