Skip to content
×
Try PRO Free Today!
BiggerPockets Pro offers you a comprehensive suite of tools and resources
Market and Deal Finder Tools
Deal Analysis Calculators
Property Management Software
Exclusive discounts to Home Depot, RentRedi, and more
$0
7 days free
$828/yr or $69/mo when billed monthly.
$390/yr or $32.5/mo when billed annually.
7 days free. Cancel anytime.
Already a Pro Member? Sign in here

Join Over 3 Million Real Estate Investors

Create a free BiggerPockets account to comment, participate, and connect with over 3 million real estate investors.
Use your real name
By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions.
The community here is like my own little personal real estate army that I can depend upon to help me through ANY problems I come across.
Real Estate Deal Analysis & Advice
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

Updated over 7 years ago,

User Stats

95
Posts
12
Votes
Rob Smith
  • Investor
  • Chino Hills, CA
12
Votes |
95
Posts

Should I buy this Rental

Rob Smith
  • Investor
  • Chino Hills, CA
Posted

My Brother is offering me a house to buy on this street a am try to find out if this is a good area and if the numbers sound good and ways to structure the deal Help if you can  

-Sale price $84,700

-Wants me to pay him 20% down and he will keep it all in his name and i just make his payments for 2 years then i get a loan for my self and buy him out ( I had a short sale 2 years ago i can not get a loan wright know) 

-so basicly i am giving him 20% and he is going to run it like he still owns it i will be responsible for keeping it rented and paying for every thing  

i am wanting help finding out if this is a good area and is it a good home to buy it should rent for about $975 to $1000  a month 

Loading replies...