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Results (10,000+)
Doug Teasdale Wholesale assignment agreement question
15 January 2025 | 4 replies
Look for your states offer to purchase contract online or contact a realtor to get a blank copy. review the agreement to be sure assignment is not expressly excluded. if there is nothing excluding assignment from the contract then writing the words "/And or Assigns" after the name or company's name on the buyer's line should be sufficient.Good luck!
Nate Pucel How do you determine depreciation basis on a renovated rental?
3 January 2025 | 5 replies
@Nate Pucel The depreciation basis for a rental property includes the purchase price plus the cost of renovations and improvements that add value or extend the property's life.
Dallas Theobald Bossier City Project
5 January 2025 | 0 replies
Purchase price: $144,900 Cash invested: $13,000 This is a charming 4 bedroom, 2 bathroom home in Bossier City, LA.
Pablo Valencia Cali VS Texas
5 January 2025 | 11 replies
How long are you expecting to hold and do you have the money to purchase in San Diego?
Bill Goodland Favorite Tools for Building Distressed Owners Lists
15 January 2025 | 13 replies
Is this for props that have a foreclosure filing against them so you can get to the actual owners for a pre foreclosure purchase
Tayvion Payton Would You Pay an 18% Premium for Seller Financing at 2%?
13 January 2025 | 6 replies
., Purchase Price: $475,000 ($197.9/sq. ft.).Estimated Market Value: $402,000 ($168/sq. ft.).Financing Terms: 2% interest rate, with a 9-year balloon.Unit B Income: $2,049/month (Section 8 tenant through November 2025).Unit A Income Potential: Similar rent or higher; Section 8 cap for the area is $3,234/month.Monthly Loan Payment (P+I): $1,386.Cash Flow Breakdown (if both units are rented at $2,049/month):Gross Rent: $4,098/month.Vacancy (10%): $410/month.Operating Expenses (37.3%): $1,376/month.Net Cash Flow: $943/month.Key QuestionsWould you be comfortable paying an 18% premium for financing at 2%, especially in a market where current mortgage rates are closer to 7%?
Ven Bud Rookie question on negative cashflow investment
13 January 2025 | 7 replies
Quote from @Ven Bud: After hearing to lot of bp episodes on negative cash flow, I have a question.I am currently living in my primary residence and planning to purchase an investment property, and obviously it is going to be a negative cashflow (bay area), but I am of the opinion that as long as the rent on the investment property is atleast going to be greater than my current primary residence mortgage it can still considered as positive cash flow investment.The investment property is going to be in a much better location (for office commute, bay area proximity) than my primary residence.
Julie Muse Team Effort Pays Off: Stunning 14th St Flip Success in Fond du Lac!
3 January 2025 | 1 reply
Purchase price: $58,500 Cash invested: $55,000 Sale price: $155,000 Contributors: Peter Vekselman Partner Driven and Carol Tarnowski teamed up for a transformative project on 14th St, Fond du Lac, WI.
Sean Michael Making Sense of San Diego Real Estate (Renting and Investing vs Buying)
5 January 2025 | 12 replies
  $6.25k feels manageable, so I compared the rent vs purchase numbers.  
Ralph Ace Down payment with Heloc
6 January 2025 | 2 replies
I want to purchase an investment condo for $150,000.I want to get Heloc loan from my other investment condo for $50,000 and use it as downtown payment for this condo.Can I get a 30 year fixed conventional loan for $100,000 and use $50,000 for down payment from heloc?