Five years ago there was another foreclosure sale at a similar discounted price.

Lastly ,  Based on my experience . if you are hitting up 100 pips and maybe contacting 50 or 30 , maybe the approach and sales skills might need to be tune out..     

I work with the largest brokerage, responsive, and have enough product for everything.

Purchase price: $12,000 Cash invested: $60,000 Sale price: $290,000 Smaller market proof of concept for the lower side of the middle market.

Purchase price: $33,415 Sale price: $82,500 Fannie Mae House purchased with a construction loan to make imporvements and rented until sold in 2022.

Purchase price: $45,000 Cash invested: $5,000 Sale price: $60,000 Buy & Hold first investment proprty.

Here are the stats:$119,500 Sales priceComps around $240,000Rental approx $2,000 per month (close-ish to the 1% rule)Flip would likely render about 26% after work (I know not the 30% but close)Turn around would take about 4-8 weeks (think it would be closer to 4 with the right team)Which way would you take this and is this something you would jump on if you had the chance?

It’s frankly worse than 2008 products and the word expensive doesn’t describe it.

Shop is 24x7.  Seems like he is only running convenience side of business. His annual compliance report is clean he says.Owner had his Coam taken away and is the single owner running the show, an hour away from his ho...

The plan is to set aside a portion of the equity from the sale to invest in a multifamily property.