25 July 2015 | 3 replies
The inspector at the time basically walked thru the house, gave me a "all good" clearance, a list of scheduled maintenance and charged me $500 dollars.
28 July 2015 | 4 replies
@J Scott also has a couple of blog posts here on BP which will walk your through some of the basics of discounted cash flow analysis.
1 August 2015 | 2 replies
Basically like was said, be all in at 75% of ARV.
14 December 2015 | 15 replies
I have been contacted by many people claiming to be able to get me business lines of credit or unsecured lines of credit for a fee and most of the time this fee is 10% of the line or $10k...Already in debt and not into a flip lol The other way I can secure a line of credit is to have a company get me different credit cards and liquidate them down to cash, which basically destroys credit and when APR being different on card, this could spell huge bills?
24 July 2015 | 3 replies
Lets start with the basics, all wholesaling is, is buying at once price A and selling at a price that is higher than A.
24 July 2015 | 6 replies
What is Hard Money Lender in US is basically regular bank in Kyrgyzstan.
28 July 2015 | 22 replies
After tinkering with this for a few weeks, we decided to get some basic recommendations out there for the folks that are new to the site.
4 February 2018 | 48 replies
Sadly most prospective tenants still have never heard of heating water with the sun and quite a few figure it is a summer-time only thing.That said, the basic functioning of the system is simple to explain and most folks think its cool once you walk them through it.
25 July 2015 | 0 replies
PLEASE NOTE: For purposes of determining the VA guaranty, lenders are instructed to reference only the One-Unit Limit column in the FHFA Table “Fannie Mae and Freddie Mac Maximum Loan Limits for Mortgages Acquired in Calendar year 2015 and Originated after 10/1/2011 or before 7/1/2007”.Here is a link to the VA site where they have the loan limits;http://www.benefits.va.gov/homeloans/purchaseco_lo...For 2015....FHA Basic standard mortgage limits are:Single - $271,050Duplex - $347,000Triplex - $419,425Fourplex - $521,250Fannie Mae/Freddie Mac standard mortgage limits are:Single - $417,000Duplex - $533,850Triplex - $645,300Fourplex - $801,950FHA Basic High Cost area limits are:Single - $625,500Duplex - $800,775Triplex - $967,950Fourplex - $1,202,925Fannie Mae/Freddie Mac High Cost are limits are the same as FHA for 2015:National Housing Act provides mortgage limits for Hawaii up to 150% of the new ceilings for 2015:FHA and Fannie Mae/Freddie Mac both are:Single - $938,520Duplex - $1,201,150Triplex - $1,451,925Fourplex - $1,804,375
26 July 2015 | 3 replies
Forget about grants, they practically do not exist for investing.Once you have some basic knowledge of how it all works and start getting to know people who are doing what you understand and decide for yourself that you want to do, then you are ready to start.