Eddie Pietschmann
How to start marketing for seller financed properties
18 November 2021 | 11 replies
Search on seller / owner financing / handyman special, words like that.Doing it for over 15 years, a few pointers:- Seller financed deals are slim when the market is hot, like now.- Most deals need work put into them, The property might not qualify for conventional financing, which is why it's being offered as seller financing.
Travis Simmons
Fha loan on first duplex purchase. What's next?
29 December 2021 | 2 replies
If your current place is already a rental you'll need to prove that with a signed lease, bank statements, and reserves.The odds of obtaining another FHA loan are pretty slim and why do it anyways?
Rick Oaks
Have 2 duplexes with water bill problems
12 May 2020 | 16 replies
Anyways, best to spend the $1500-$2000 and have them separated. its good investment if every you want to re sale.not to mention the saving on headache pills. ;-)
Adam Aschoff
Turning Primary Residence into Rental
17 August 2020 | 11 replies
The other option is to try and sell as the market here in Plymouth for a house that we bought for around $312k is very slim but we would want to try and recoup a lot of the money we already put in.
Greg Gaudet
Fair discount that justifies buying a house with clouded title
27 April 2021 | 8 replies
Plus I know the backstory, as I was on the board at that HOA, and I know the chances of the former owner (he's in his 80's if he's still alive and left Hawaii a decade ago) are extremely slim.
Jaron Walling
Thoughts on estimating ARV for flip
31 August 2022 | 7 replies
That feels really slim for 3+ months of work, swinging hammers myself, and hiring contractors for the specialty jobs.
Matthew Koch
I hate second guessing myself on making an offer!
29 July 2022 | 9 replies
My question is if I go ahead and post the numbers, can I get a little reassurance that even though this is a slim deal for profit in the end that a deal is better than no deal and I just want to be sure I am correct on the numbers so I don't hurt nobody I don't screw nobody over and I'm completely upfront and honest about the whole thing Also if I may have missed something someone can suggest it but going through the pocket calculator it looks sound and good to me....located in Kimberly Idaho 83341eight bedroom soon to be four bath house monstrosityMLS listing price 400kMy purchase price 360kestimated ARV confirmed by local bigger pockets member Jeremy Orton of Keller Williams real estate and 15 years of agent experience, between 490k and up to possibly 520kestimated ballpark rehab because the house is only 80% done and I have a video walkthrough to share if anyone would like to see it and some of the materials to complete it is already there on site in the house, Maybe 50k in rehabagents commission $29,400closing costs $1691.92 from agentHolding cost is $7,500 for 3 months accounting for electricity water property taxes, insurance etcI'm asking $378,400 flipper profit is somewhere between 20 grand and possibly 49 grand.I'm open to any and all suggestions and I'll look forward to hearing your feedback I have until August 29th to get this taken care of and sold to a flipper and I do have a back end buyer lined up I'm just waiting on a return call or text from him but I'll always want to have a backup b or c plan exit strategy.thank you and I will be in touch.
Doug Cary
Success with BRRRR in Ogden Utah?
26 April 2020 | 14 replies
But it's slim pickings indeed.
Steven C.
SFH investment in Phoenix metra area
7 October 2020 | 14 replies
@Akshay Johar You might could find some condos or attached homes or manufactured homes in that price range in those areas, but the good pickens are slim to gone.
John Steller
Investor Newb From Coldwater, MI
12 August 2020 | 2 replies
I have always known that I should be unplugged from the matrix. but I have never had the confidence that i had found "Morpheus" with the "blue" or "red" pill option.