Most lenders are going to want to "source" the down payment, closing costs, and perhaps some reserves (rainy day money that will be left over in your bank account after closing).

Anything you wish you’d known about engineering/permit costs before starting?

They also include cash secured puts on stocks they like to have and collect premium.

It also addressed the security deposit which normally carried forward.

Honestly if a closing is 10 days vs 21 days, in 99% of the time that makes no difference.Where speed is more important is the borrower completing the rehab. a 3-6 month rehab at 12% is better than it taking a year at 10% not only because of interest but all other carrying costs.In reality though, most only look at rate because they do not know how to calculate the full cost of the loan.

Wondering if you have any general rules you abide by for estimating rehab costs without actually going to the property.  

If you place it on Airbnb, get guests in, and complete a cost segregation study, you can take bonus depreciation against W2 income as long as you meet the hour requirements.The key parts are: buying the property, putting it in service, tracking your hours, and getting the cost seg report done in time.

Hi Everyone,
I'm new to investing in Dayton. I was wondering if anyone could help me estimate taxes and insurance for a duplex in Dayton, OH 45410. I have a deal that I'm looking at, but I'm nervous I'll have the wro...

In today’s market, underwriting is less forgiving, rehab costs are unpredictable, and lenders are looking harder at DSCR, reserves, and leverage.

Building a strong financial foundation will not only help you secure your first property but also provide flexibility for future investments.Next, immerse yourself in learning about the real estate market trends, particularly in the Atlanta and North Georgia areas.