John Jack R.
Do Little and Try and Make Money or Add Real Value and More Risk?
8 October 2015 | 33 replies
If a property has been marketed to the public for a sufficient period of time, meets market conditions, what you paid IS the market value.
Houtan Moravej
Canadian Investor investing in central Florida
13 October 2015 | 21 replies
The only difference is being able to gauge market conditions/trends so that you are able to make the proper business decisions.
Arvin T.
Buying a multifamily in socal anyone?
19 October 2015 | 36 replies
With renters in the two free units it took about 5 years before me and my bro could live rent free.
Anthony Newbold
HUD Home Question and Inspections - HELP?
8 October 2015 | 10 replies
I shot out my offer, they rejected but gave away the EXACT price of what it will take NET to them after agents been paid, etc.I shoot out the next offer knowing that I will get it, however I do not know the 'professional' condition of the house as I have not had it inspected.
Bill S.
Just closed on an 8 plex
6 October 2015 | 21 replies
The units are in great condition except for one unit that needs updating.
Ron Burmeister
Warning: Hubzu, Premium Title, and Altisource
30 October 2020 | 16 replies
No legitimate title company in Texas would provide title insurance under present conditions.
Marquis W.
Letting handyman live rent free if he maintaines multi properties
5 October 2015 | 7 replies
I had a guy that I have been using to fix my properties here and there offer to take care of all of them (which is 4 properties as of now but will be adding 2 more soon) if I let him live in one of them for free? I wo...
Marylynn B.
How red is this red flag and why do I still want this deal?
5 October 2015 | 5 replies
Even if they were renewing an option and there was deferred maintenance they would request the seller fix things.Maybe your idea of acceptable and workable condition is different from theirs.
Michael Dunn
Seem like a wise and logical process to take .....
4 October 2015 | 0 replies
2. my second Option / thought is to use my VA loan, and purchase a nicer home / one that will rent for $1,300 - $1,500 a month ( afer the 1 year O.O. rule is meet ) , and plus I can technically get in a " Future " rental for 0% down .I could find an REO/foreclosed property that needs minimal repairs ( since VA loans are quite strict on the condition of the property in order for it to qualify and get approved for a VA loan ), and then do some updates ... paint / flooring while I live in it for 1 year , and then repeat the process of doing a Cash-Out refi and use the money for a down payment of 20% down on another $80,000 - $10,000 property.... wash ,rinse,repeat3.
Michael Zagorsky
Next action on lead (4 years behind on taxes, almost no equity)
5 October 2015 | 7 replies
I have not inspected the house yet or met with the owner in person, so I am unsure of the properties condition, but I would guess the current value in the $25k range.