
12 April 2024 | 22 replies
Anything say close to 300k and up is moving at 2009 levels with maybe 20% selling and the rest stagnating.
11 April 2024 | 4 replies
If the property is listed on Airbnb/VRBO it will be hard to transfer reservations and that could be a huge pain if the seller is not helpful, even after closing.

11 April 2024 | 5 replies
Try looking at it a slightly different way with some quick math:$900,000 sales price$22,500 cost of purchase (appraisal, points, lender fees, title fees, etc - 2.5%)$90,000 cost of sale (10% commissions, closing costs, buyer credits)$64,000 carrying costs (6 months at 10%)$25,000 additional carrying costs (6 months taxes, utilities, HOA, misc)$100,000 rehab cost (the number used above)$68,500 profit = $530,000 max allowable offer.Some numbers may be a bit high, others may be a bit low.

11 April 2024 | 7 replies
It won't be 100% accurate, but it will be close enough.

11 April 2024 | 3 replies
If you know you know) Welcome to the forum Jim, plus your a #1 advice giver on BP which is pretty close to winning a Tony =) Best of luck

11 April 2024 | 40 replies
So, before I close on this house, I would like to hear all ideas on the best use of this money taking my goals to account.

8 April 2024 | 21 replies
I've not felt good at closing on any of them.

11 April 2024 | 19 replies
So I took a break from pursuing it for a while and now I want to get back on it again but I want to do it here in Seattle-Tacoma area where it’s less competitive and I can work on it closely while I’m starting out.

12 April 2024 | 16 replies
I only have 12 months to pay the cc before the interest kicks in and my limit it's about 20k would be enough to cover down and closing expenses.