Ben Gordon
BRRRR- Our first purchase!
Investment Info:
Single-family residence buy & hold investment in Muncie.
Purchase price: $26,500
Purchase Price- $26,500 (cash)
Rehab- $4,500
Refinanced- $32,550 ($1,550 positive!)
Rent- $750/mo
Mgm...
Tyler Shewmaker
Help looking to purchase a new house
I am currently looking at purchasing a property as a residence (Lake property) in Tennessee. It currently has a tenant as the owner resides in Florida. Can I purchase the property and give him notice (90 days) to move...
Bryant Amundson
How should I approach this lease?
Hello all. Quick question. My wife and I will be moving into the top level of a duplex in MN here pretty soon. And I really like the location and everything about the place as far as an investment. How might we approa...
Mark Hoffman
Has anyone done a Lease Purchase Option wNational Lease Purchase?
Our property is listed on Zillow FSBO, for 10 days with no one responding to view. Our terms for sale is $ 378k, seller finance, 10% down, 6% 30 yr fixed with 2 year prepay penalty. Proposed lease for 24 months is a...
Jason Gibson
Buying an owner financed foreclosure
So, a friend of the family has a property that she started a ' rent to own' agreement on a few years back. Apparently she hasn't received a payment on the property in several months now, and due to her current financ...
Parish Benoit
Equity trade for a camper trailer
I'm wanting some feed back on how to write up a Purchase contract where the home owner will sell me her house for what is owed ($30k) with a value around $60k but wants a 20' camper trailer.Ok, I can definitely pull t...
Richard Johnson
Question for short sale specialist in the southwest USA
My business profession is in engineering, however I'm in the process of trying to purchase a short sale home through my agent. As in most professions there are many processes to a successful completion of a project....
Jeff Bodin
Please translate - Seasoning Relaxed on Foreclosed homes?
From: http://www.phoenixpowersearch.com/2009/09/wow-no-more-fha-90-day-waiting-period-on-flipped-foreclosures/
"Prior to September 14, 2009, FHA products were denied to buyers purchasing homes from investors that buy...
Lawrence Paul
Buying investment property from neighbor - Steps required?!?
So, my neighbor has came up me and said that he would like to sell his property to me.
He is aware that I am an investor.
I am just not sure about the steps/transfer/legal actions that would need to be taken because...
Kevin Tarazona
Partnering on our first househack
Good morning BP,My friend and I are looking to purchase our first house hack. We have identified a market but would like to know if what we are planning is possible. I am currently active duty so I cannot purchase usi...