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10 March 2018 | 0 replies
property owner wants 450,000 which is about 75,000 over market value rents in the area are between 1,600 and 2,500if seller will agree to seller finance my first offer is 375,000 at 0% with 10,000 down and 1200 a month paymentsI have no Capital so I will need to get a 12,000 Dollar Loan from the bank $2,000 will go straight to rainy day fund to cover vacancies and repairsmy second offer $385,000 at 0% interest $10,000 down and $1,200 a month paymentsthird offer $395,000 at 0% interest $10,000 down and $1,200 a month paymentsfourth offer $400,000 at 0% interest $10,000 down and $1,300 a month paymentsfinal offer $400,000 at 1% interest $10,000 down and $1,400 a month paymentsI will rent the property for $2,000 a month with an $1200 depositincome $2000 - $1200.
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11 March 2018 | 5 replies
I think the realistic analysis is the one on the second page showing monthly negative cash flow of a few hundred dollars a month which I’d say is a bad deal.
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11 March 2018 | 2 replies
My lender worked very closely with me through both closings, making sure I had correct and legal paperwork on the first closing so that it would go through smoothly for the second, walking through the timeline with me, following up on the appraisal and just really being on top of her game for the entire process.
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15 March 2018 | 16 replies
Shortly after signing-up and creating a second "admin" account, which is NOT an admin account because TC doesn't accommodate true user management, the second account was locked-out.
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17 May 2018 | 5 replies
Almost all of Woodbury is a C class neighborhood and is relatively safe (father operated business here for few years and was fine, although he got a few crazy customers).
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12 March 2018 | 13 replies
I dedicate an hour of my week each and every week to discuss real estate strategies/network with new to experienced investors We meet every Wed would love to meet you there. see details below https://www.biggerpockets.com/forums/521/topics/529240-wednesday-coffee-with-investorsMy team also meets once a month for a larger Real estate meetuphttps://www.biggerpockets.com/forums/521/topics/543296-second-tuesday-monthly-networkingWould love to see you at either of these events absolutely free hopefully you will be able to connect with other investors and add value to each others investing goals
11 March 2018 | 2 replies
As someone planing a second trip to Nashville in a year, the Short Term rental market seems lucrative there (lots of bachelor parties, weekend trips, etc).
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10 March 2018 | 1 reply
Pay off the condo=more cash flow nowBuy a second (quality) property=highest returns in the long run
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11 March 2018 | 5 replies
I am opening a second relationship with NexTier bank right now based on recommendations from my closing attorney.
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12 March 2018 | 2 replies
My second problem is the switch for the lights in the front room are in the common Foyer.