David E.
Newbie needs some advice on what to do with land I currently own.
6 November 2017 | 0 replies
Assuming they never paid on Principal you could collect $261.24 a month when you finance the property your self for a total $37, 618.11 in collected payments.What is my Motivation to Sell?
Kurt Stein
Murray Hill Jacksonville Rental Property
22 October 2018 | 8 replies
Can the square footage of the 1 bedroom unit be added to the total square footage of the property during the appraisal?
Phillip Kim
100% Financing, Zero down, and No PMI
12 November 2017 | 15 replies
Depending on your net worth, this can become disastrous due to the fact that: (1) the property is totally underwater; and (2) the bank knows that you still have other assets that it can collect from you.
AK Fowler
How do I market for off market multi families?
7 November 2017 | 6 replies
Echoing what @Andrew Beauchemin said, you can find out owners of buildings by looking at property tax records on your county's appraisal site. if the owner is a LLC (which is usually the case for larger multifamily), go to your state's secretary of state website and look up the business in the business records search. i'm not familiar with pennsylvania, but that's how every state I've looked at before operates. there is usually an agent of record who oftentimes is the owner, however, for a larger, more sophisticated owner, it could easily be a lawyer or someone else.if that fails, a broker is your best bet. they'll have the relationships with owners and other brokers you need. as others have said, it's hard to go off-market without a track record, but maybe by showing your current portfolio and explaining your desires, you may win someone over :)
Cody Evans
Wholesaling Fee Amount And Deposit Northern California
10 December 2017 | 5 replies
I need to know a range from low to high for a wholesale fee and a low to high range for a deposit so my buyer doesnt back out.A low to high range on total expected repair costs for a house in our area is also helpful if you want to throw that into your answer.
Shane Brown
Looking for advice on my first potential deal.
6 November 2017 | 3 replies
All three of the units are rented out for a total of $2700 a month coming in.
Benjamin Ervin
Deal Analysis - Good First Flip?
8 November 2017 | 3 replies
PURCHASE COSTS: Purchase Price ($62,000.00) Inspection(s) $400.00 Appraisal(s) $450.00 Survey(s) $0.00 Lender Fees/Costs $0.00 Closing Costs ($5,200.00) Other $0.00 Total: -$66,350.00 REHAB COSTS: Labor (from page 2) ($13,900.00) Materials (from page 2) ($16,380.00) Total: -$30,280.00 HOLDING COSTS: Mortgage Payments $0.00 Property Taxes ($300.00) Insurance ($700.00) Utilities ($900.00) Lawn Care $0.00 Other $0.00 Total: -$1,900.00 SELLING COSTS Selling Price $130,000.00 Commission To Agents ($7,800.00) Buyer Home Warranty ($500.00) Buyer Termite Letter ($50.00) Buyer's Closing Costs $0.00 Seller's Closing Costs $0.00 Total: $121,650.00 PROFIT: $23,120.00 On to my questions:- Other than potentially needing to pay some of the end buyer's closing fees, am I missing anything else that should be accounted for?
Chris S.
Ottawa First Mortgage Opportunity Advice Needed
7 November 2017 | 4 replies
I was searching for reasons to fund this mortgage rather than reasons not to fund it which is totally backwards.
Charles Self
New to REI and BP, looking at Huntsville, Alabama
18 November 2017 | 8 replies
I bet you can get pretty good eye's on some areas of Huntsville using Google Maps.
Peter Sik
Low credit score but with co-signer
8 November 2017 | 8 replies
------------Her name is xxxx, she has a 529 credit score with 25 total accounts, 19 are open and 5 are negative.