Elvin William
What is best price to pay for a realtor?
13 July 2024 | 19 replies
Most buyers don't have the money to come in with to pay down payments, plus commissions in this market, so I don't expect a lot to change.
Kevin Hunter
10-unit investment purchase in Watertown New York
13 July 2024 | 2 replies
Off market deal that I was approached on by someone I have done deals with in the past.
Maryanne Florentino
Hello BiggerPockets! New PRO here
12 July 2024 | 4 replies
San Jose is obviously a tough market to start in for cash flow - are you looking at any remote investing markets/strategies?
Nancy Ra
Wondering if a seller finance deal is worthwhile
12 July 2024 | 4 replies
I like the Ocala market but not sure if this is a good opportunity and if the Ocala market is a good one for REI.
Eve Favorse
Newbie Investor in Detroit Market looking for advice
8 July 2024 | 11 replies
They may come up but understand that rental rates are generally well below market (hence the discount) and these deals are largely off-market if you're able to find them.
Tony Gutierrez
Newbie investor commercial property
12 July 2024 | 1 reply
Our town just did a revaluation and got close to 100% but the market constantly changes and prices continue to trend upwards meaning the 100% valuation is likely already not accurate.
Carlo D.
Seeking advice on a small business loan I am looking to extend to a long time client
12 July 2024 | 2 replies
Given that he's got a long history in business but is struggling to cover $30k in Op-ex and marketing spend, my guess is that this is either not very well managed or is in distress.
Veronica Jones
How to pursue personal goals
12 July 2024 | 1 reply
Hello everyone, With deciding to start in real estate, my main goal is to create enough equity in the properties I obtain to build a house and buy land (10-12) years down the line.Though the market always changes, I figured with investing into highly appreciating markets now, the properties I buy will accumulate the equity needed to be able to sell in the future which in turn will lead to the income needed to build and buy land.
Jagan Reddy
What’s Memphis city high vacancy reason?
12 July 2024 | 5 replies
In any market, you need to analyze median income, and crime, and that will help predict where you will have more challenges collecting rent.Every city has their challenges with vacancy.
David O Smith
50% down at 5% interest with a balloon in 3 to 5 years
8 July 2024 | 6 replies
Hi everyone,I'm currently negotiating a real estate deal and would appreciate some advice on how favorable this offer sounds:Price: $3,170,000.0017 units50% down payment5% interest rateBalloon payment in 3 to 5 yearsThey're open to either interest-only payments or an amortized loan structureAdditionally, I'm trying to secure the best financing option available.How does this deal compare to the current market?