All Forum Posts by: Chris Haas

Are you bringing a portion of the money to the table or looking for 100% of purchase and repairs ?  I think that's going to be difficult for most that aren't true friends and family.

Once suggestion is to keep a close eye on it.  In my area they usually drop the price 10% per month.  You can see the history, so if you are not comfortable throwing in the extra $1000 then just keep checking it and be ready to put in a full price offer the day they drop it.

Many thanks.  

Interesting so "several discounts" sounds like the mystery piece.  2% isn't triple so curious where I can read more about these additional discounts.

Thanks for your time replying

Interested in Spartanburg, SC and Myrtle Beach Area.
I found some threads on bp about taxes being triple owner occupied and others saying it's 6% instead of 4%.  Can someone that actually knows set me straight ?

Hard to run numbers without such a critical piece. 

Welcome.   I am also from outside city of Reading.  Check out local meetup.  I have been to several and its pretty good.  http://www.meetup.com/Berks-County-Real-Estate-Investing-Meetup/

Hasn't been in many many years. 15+ at least.
To make matters worse there are very few flights out of the reading airport either. Only boscovs sometimes charters to florid.  Waste of resources, it's a shame.

I want to follow this as I would assume (wouldn't have thought to ask) that the title would be clear because the bank owns it.  Any harm it posting what bank accepted an offer 1/2 the list price after 10 days?  That shocks me.

Congrats, still looking for my first deal.

I have not experience with this site but look interesting.
https://www.realtyshares.com/how-it-works

Jason, also being local of the reading area, the ARV sticks out as being very aggressive. If you are talking about a property in the city, I would be even more skeptical of the ARV. That said, I would love to hear more details about your deal and wish you the best of luck.