All Forum Posts by: Cody W.

perfect. Thanks guys!

How much should I plan on spending on   purchase closing costs (in Florida)? I've heard 3%, 6% and the calculator on this site just says 2000-3000.  Can anyone give me a solid answer? 

in this case i'm talking about buy and hold multi family

@Brent Coombs What I've been doing is leaving the purchase price as the ARV in my calculations. If i understand the math correctly, that would signify 0 equity (which is unrealistic) but will then give me a VERY conservative estimate. Does that make sense? Or am I shooting myself in the foot?

how do you calculate the ARV of a duplex, triplex etc without hiring an appraiser? Do you just base it off of bedroom and baths? What if you don't plan on a full rehab? Is there a number you include to factor in rental income?

what was the link to the worksheet?

Hello all,

I'm looking for more info on buying notes. Can someone point me in the right direction?

Hey Todd, I'm starting to work wholesale in Pinellas. Lets stay connected....

thanks guys! I realize i really need to figure out my plan before i jump in. 

thanks for the input. So it would be better get put down payments on a few properties (eventually) rather than just buying one for cash?